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About this quote

What does it mean?
More state planning makes individual planning harder.
In plain terms
Central plans crowd out personal plans.
What can you take from it?
State intervention complicates individual choices.

Where it applies

  • business strategy
  • personal finance
  • public policy

Putting it to work

  • advocating deregulation
  • planning independently

Questions to consider

  • Where should state planning stop?
  • How do we plan amidst control?

Another view

State planning may help coordination in some sectors.

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