AHC: Finance World War II the Abba Lerner Way!

"Thus, in World War II, [Abba] Lerner seriously proposed that Generals Eisenhower and MacArthur each be given abstract purchasing power, to be funnelled down to lower officers, so that the war effort could be directed by auctioning off resources in a Pareto optimal way..." Paul A. Samuelson, "A. P. Lerner at Sixty," The Collected Scientific Papers of Paul A. Samuelson, p. 651. https://books.google.com/books?id=xisb9usg790C&pg=PA651

AHC: Make it happen! (Somehow I can't help thinking of Milo Minderbinder…)
 

kernals12

Banned
I don't understand how this improves things. There'd still be inter-service squabbles for the initial allocation.
 
Top