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The Economic Lesson in Ghostbusters Everyone Missed

www.aier.org The Economic Lesson in Ghostbusters Everyone Missed

"The meddling bureaucrat is given one last chance to avoid causing a catastrophe when the utility man tells him maybe they should listen to the people who, you know, actually designed the system." ~Jon Miltimore

The Economic Lesson in Ghostbusters Everyone Missed

Ghostbusters and the Use of Knowledge in Society

The utility man does as he’s told—and of course all hell breaks loose. But notice who actually made the decision. 

It wasn’t the scientists who built the ghost storage facility. It wasn’t the utility worker, who at least had some knowledge of power systems. It was the government bureaucrat who knew absolutely nothing about the system. 

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