Dr. Sowell reminds us:
If you start from a belief that the most knowledgeable person on earth does not have even one percent of the total knowledge on earth, that shoots down social engineering, economic central planning, judicial activism and innumerable other ambitious notions favored by the political left.
If no one has even one percent of the knowledge currently available, not counting the vast amounts of knowledge yet to be discovered, the imposition from the top of the notions favored by elites convinced of their own superior knowledge and virtue is a formula for disaster.
Sometimes it is economic disaster, which central planning turned out to be in so many countries around the world that even most governments run by socialists and communists began freeing up their markets by the end of the 20th century.
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