Nobody is in charge
There is a story (probably apocryphal, like most good stories) that when Mikhail Gorbachev tried to resuscitate the moribund Soviet economy, he sent one of his chief aids to London to find out what Thatcherism was all about, and how a capitalist system actually functioned. The hosts took their Soviet visitor on a tour of the City, of the London stock exchange and of the London School of Economics, where he had lengthy talks with bank managers, entrepreneurs and professors. After a few hours, the Soviet expert burst out: ‘Just one moment, please. Forget about all these complicated economic theories. We have been going back and forth across London for a whole day now, and there’s one thing I cannot understand. Back in Moscow, our finest minds are working on the bread supply system, and yet there are such long queues in every bakery and grocery store. Here in London live millions of people, and we have passed today in front of many shops and supermarkets, yet I haven’t seen a single bread queue. Please take me to meet the person in charge of supplying bread to London. I must learn his secret.’ The hosts scratched their heads, thought for a moment, and said: ‘Nobody is in charge of supplying bread to London.’Yuval Noah Hariri, Homo Deus
small independent decisions almost always wins vs big fat centralized decisions
https://www.amazon.co.uk/Homo-Deus-Brief-History-Tomorrow/dp/1784703931/ref=as_sl_pc_qf_sp_asin_til?tag=carneirao101-21&linkCode=w00&linkId=b01c3b33e5a03ff21ec120cf43cfa947&creativeASIN=1784703931
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