Re:Sales of electric cars up by 43% in 2020
by axiolite on Monday January 25, 2021 @02:57AM
(#25900579)
> Autocracies seem to be the most efficient form of governance
Efficient in achieving a particular goal, sure, but the wisdom of crowds (and the market) is a thing, too. When the autocracy decides X will be the next big thing, and it isn't, all that efficiency from the previous correct bets gets wiped away by the inefficiency of one wrong dictate from the top.
Efficient in achieving a particular goal, sure, but the wisdom of crowds (and the market) is a thing, too. When the autocracy decides X will be the next big thing, and it isn't, all that efficiency from the previous correct bets gets wiped away by the inefficiency of one wrong dictate from the top.