A New Map for America
The fantasies of central planners never end.The author neglects entirely the fact that these city-states arose without any central plan to create these economic zones. They are the result of the market and political processes we already had in place. Did some technocrat wizard in Washington say, "We should target the Northeast Corridor to produce 20% of our GDP"? No. That result was organic.Here's an alternate proposal: decentralize power back to the states and have groups of states work out arrangements among themselves to enhance their shared cross-border economies. Reduce the federal take of taxes, leaving the money in the hands of the people who actually innovate, employ, and make economic decisions.The primary fallacies in this central planner's thinking is that some new National Economic Planning Board will be a) completely altruistic in allocating a pile of cash to the places that will produce the most economic benefit, b) able to out-perform the decentralized economic decision-making mechanism of the market (prices), c) not be subject to the lobbying that so corrupts the Congress now.