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The companies? Those who does not understand a principle of "an invisible hand", find often

Convincing arguments in favour of centralised planning. However The economic science denies them. There are four principal causes, Why centralised planning almost will bring for certain It is more than harm, than advantage.

First, it simply replaces the market with a policy. We will remind that the state

Is not an economic regulator. Those who is engaged in the centralised Planning (and also legislators supervising them), actually

Are not so similar to the disinterested sacred. It is natural that grants and

The investments allocated with planned bodies, are under influence Political grounds. Think of how this process is carried out in conditions Democratic decision-making. A legislature should confirm Expenses. The various groups representing interests of business and work, United by trade unions, will lobby with a view of reception Investment resources and grants. Legislators will turn the special

Attention to those groups which in status to make the certain contribution in

Election campaign and to provide creation of key blocks of voters. The old firms having stronger, in comparison with firms young,

Positions in the market, in an active will have the powerful list of contributions, the best

Knowledge of technics of lobbying and closer contact to the powerful Politicians. As the former senator of the USA William Proksmajr has told,

"Money goes there where there is a political force". It is obvious that political

Merits will help old firms even if they are weak in the economic The relation to surpass new, aimed at fast growth. In addition politicians Often block various programs if others disagree To support the projects giving privileges to their voters and groups, To which they patronise. Only the hopeless dreamer can believe, That this politized process will lead to smaller losses, to multiplication Riches and to the best placing of investments, than the market mechanism. Secondly, there are all bases to believe that the investors risking Money, more correct decisions, than central will make The planned bodies disposing of a tax money. The investor, If wishes to get profit, should put up money in the project, which Raises value of the spent resources and if does an error and The investment project turns around failure itself and suffers from Consequences of it. Contrary to it communication between acceptance Effective projects and personal well-being of those who is engaged Centralised planning, rather also it is rather weak: if the project There will be effective, their personal prize, most likely, will be rather Modest if it leads to losses, - failure will not render on them Considerable negative influence. Besides, they can even To win from unsuccessful projects if those are interfaced to granting

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Large Icons for Vista Large Icons for Vista is a set of sleek and polished icons created in the same manner as the standard Vista icons. The images come in two variants: with or without shadows.

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