The Second world war experience in Canada, the U.S. and Britain (probably
other places as well). are valuable lessons.
But let us compare something a little closer to most of our experience.
Compare the health care system in Canada (or Britain) and the U.S. Does the
market system provide better information, better allocation, etc. I won't deny
that the Canadian system has problems, and detractors. But it is extremely
popular with Canadian. Even the right wing lunatics don't dare attack it
directly. (Although they are doing their best to undermine it).
Is the service of the Seattle transit system less efficient than that of L.A.?
Does it provide poorer information?
Rod
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Rod Hay
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The History of Economic Thought Archive
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