QUOTE : There are lots of planned economies-the United States is a planned economy, for example. I mean, we talk ourselves as a "free market", but that's baloney. The only parts of the U.S. economy that are internationally competitive are the planned parts, the state-subsidized parts--like capital-intensive agriculture (which has a state-guaranteed market as a cushion in case there are excesses); or high-technology industry (which is dependent on the Pentagon system); or pharmaceuticals (which is massively subsidized by publically funded research). Those are the parts of the U.S. economy that are functioning well.