An illustration of the fatal conceit

Here's a fantastic illustration of the absurdity of central planning that I was made aware of by a post over at cafehayek.com.

For those who aren't aware of him, Friedrich Hayek is a seriously under-appreciated economist whose perhaps primary contribution to economics was his attempt to convince would-be economic central planners (i.e. socialists, communists, social democrats, etc.), of the impossibility of the task they were setting out to do -- that is, controlling economies at the macro level through central planning.

He has famously stated in his book, "The Fatal Conceit," that the "curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." The linked-to post provides such a demonstration in stark clarity.