Medary.com

Courtesy John Stossel, writing in Reason Magazine:

First, knowledge about supply, demand, individual preferences and resource availability is scattered—much of it never articulated—throughout society. It is not concentrated in a database where a group of planners can access it.
Second, this "data" is dynamic: It changes without notice.

This is why it is utter madness to try to run the entire medical sector of the economy from Washington D.C., which is what the Democrat leadership is hell-bent on doing.

They don't understand freedom. Freedom isn't just about choice. It's about choice in a world of imperfect knowledge and imperfect communication, a world where it's impossible for any one person or entity to know with precision all of the details necessary to "appropriately" allocate resources.

The only mechanism that humanity has discovered that is effective in doing that resource allocation is the price mechanism, which only works in a free economy, with the least possible intervention by non-economic factors (such as Congress.)

The Democrats want to turn the clock back to the Middle Ages, and rule as divinely inspired technocrats--modern-day lords and ladies who simply think that they know better than everyone else how you and I should live.

They are wrong, but they are also completely blind to their error--so, they are not only wrong, they are tragically wrong, and will wind up harming the very people they purport to help.

As command economies always do.