Sentences with phrase «central planners»

The phrase "central planners" refers to people or organizations that have the authority to make decisions and control various aspects of a country's economy, such as resource allocation, production levels, and distribution of goods and services. They usually determine how the economy should function and make decisions on behalf of the entire nation. Full definition
It should be clear that society as a whole would be better off if no committee of central planners held such power.
One major flaw in a curriculum designed by central planners for use by all students is that it will likely not be academically rigorous enough to meet the needs of college - bound students.
The problem is the financial sector gaining control of the economy and replacing the government as central planner.
Market - like mechanisms, not central planners, are the best way to direct resources toward success and away from failure.
Investors have come to expect huge rewards for taking risk when central planners engage in extraordinary levels of borrowing cost manipulation.
After this fork is behind us, we'll make sure to deploy some mechanism to handle the block size so we don't need to play central planners.
A weak dollar gold price signals that all is well with the high - risk course set by central planners in the Fed board's Eccles building.
At the same time, Ludwig von Mises published an article in 1920 called «Economic Calculation in the Socialist Society» and a 1922 book, Socialism: An Economic and Sociological Analysis, arguing that comprehensive central planning of the economy would be disastrous because central planners lacked market prices and market institutions to inform their actions, hence they would waste resources on a vast and even fatal scale.
Hence, the Hot Air campaign you linked to has a «get off our backs already» theme that includes the line «The Biofuels Disaster Must End — Another failed energy policy, courtesy of the Washington central planners.».
And like the Soviet central planners, the central bankers» rate manipulation produces VALUE SUBTRACTION on a grand scale.
You have one guess whether mother nature or our vaunted central planners issue the sounder money — click to enlarge.
The nation's pre-eminent central planners just held their annual gathering at an exclusive resort just outside Jackson Hole, Wyoming and discussed how to interfere even more deeply in markets.
Central planners relentlessly endeavor to control the future and improve upon it before it even comes into existence.
For anyone still missing the joke, Bank of Japan Governor Haruhiko Kuroda summarized the view of the global central planners when he said, «I trust that many of you are familiar with the story of Peter Pan, in which it says, «the moment you doubt whether you can fly, you cease forever to be able to do it.»
Our benevolent central planners can largely incapacitate them by ridding society of anything larger than a $ 10 bill.
«There is no way that the Chinese central planners are going to voluntarily give up an enormous amount of power by going to some form of a gold standard.
In a report provided to the State Education Commissioner, Judy Elliott says the district's central planners offer little support to the principals at Buffalo's so - called «priority schools,» the 28 city schools which rank among the lowest performers in the state.
That principle is that that DC - based central planners can develop a curriculum suitable for every student.
The VII story is a story of a new stage of capitalism, a stage in which the decisions of thousands of entrepreneurs become more important and in which the decisions of central planners become less important.
King goes on to outline solutions to a potential forthcoming recession, which is difficult to predict in an environment where debt is literally «out of control» and economic central planners have few bullets available to them.
The administration's energy policies presume that central planners know better than private citizens and companies about how to create jobs and allocate capital.
Thanks to the Kyoto climate - change agreement, they can, in effect, now make money off the pollution their onetime central planners were willing to tolerate as the price for rapid industrialization and universal employment.
We should not believe more in Al Gore than in the omnipotence of the Soviet or Czechoslovak central planners.
The declining price of gold affirms the collective beliefs of central planners and mainstream investment managers.
He also makes the case that Common Core is designed to shift control of education from the states and local communities to central planners in Washington D.C..
The significant impediment to poverty reduction is imagining that capitalist markets are knowable, predictable and can be arbitrarily ordered by central planners.
One priority is changing «rules of origin» to require that a higher proportion of North American cars be produced within the U.S. Zoellick said that objective comes with rules on inputs and wage rates «that would appeal to a central planner from the old days.»
(1) Best - laid plans of mice and men, and central planners.
The global economy may need that kind of restraining order imposed on the major central banks and central planners.
From that point on, budget 2017 more or less unfolds as a central planner's instruction manual For Make Benefit Glorious Digital Economy of Canada.
While a weaker currency certainly benefits Chinese exporters, it is unlikely that the central planners would want a weaker currency at the expense of their own stock market.
The Chinese currency is weakening considerably not because the central planners want that to happen, but rather because money is fleeing the country.
They hope the current craze will fuel the system they eventually want to create — an «open consensus mechanism» allowing people all over the world to reach a trustworthy agreement without there being a central planner or authority, said Peter Van Valkenburgh, research director at the public policy advocacy group Coin Center.
Ah but then there is bitcoin, which the central planners can not manipulate.
Central planners and their hard - won reputation... amazingly, economists who generally agree that central economic planning is a bad idea, think money is magically excepted from this rule.
A stock market purge demonstrates that the central planners haven't entirely broken the markets just yet.
Bitcoin has already gone through 9 years of growth out in the wilds of the internet, mostly without a central planner in charge of it after its creator disappeared.
Socialist economical policies with state - owned means of production (everything belongs to everyone) and central planner of production working long - term accumulated inefficiencies, which basically made lots of public unrest and eventual bankruptcy.
On top of that, China's central planners have called for diversifying the use of coal.
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