Scott Pearson holds a doctorate in economics and serves as Chair and Assistant Professor of Business and Economics at Charleston Southern University. He hits the nail on the head when it comes to calls to fire Health and Human Services Secretary Kathleen Sebelius for the disastrous rollout of the Obamacare website.
As Scott points out, this is what you get with central planning.
I’m disappointed in the efforts of some in Congress to vilify HHS Secretary Kathleen Sebelius for the failed launch of the Affordable Care Act healthcare website. It’s not about Sebelius. It’s about the idea of centrally planning a big chunk of the economy and arrogantly assuming that it would come without problems. This kind of massive breakdown is precisely what the world should expect from big, bold, central planning projects. This is precisely why good economists advocate less ambitious projects, and devolved accountability, such that, if one system fails, the others need not all come down with it, and such that, competitors can come alongside and offer an alternative. What we’re watching is a classic example of why central planning rarely works. It has little to do with the personalities involved, and attacks on Sebelius are a sad distraction from the real issues we face.
