Quote Of The Day: Project Cybersyn

Run an economy with an iPhone?  Sorry, there is no app for that.

That’s Alex Tabarrok in an interesting post on Project Cybersyn, an attempt by Chile’s socialist leader Salvador Allende to create a computer system that could be used to run the economy.

The story of a strong leader gathering information and making good centralized decisions for everyone appeals to many. In the real world it never works well, and often ends in tears.


Andra intressanta bloggar om: , , ,
Technorati Tags: , , ,