“What machine has intelligent parts…each responding to its own information base, more or less independently? Second…and perhaps more importantly…the parts have desires of their own. You build a machine to accomplish the desires of the designer. An economy, on the other hand, is merely a way for the constituent parts to achieve their own ends. Imagine an automobile that goes where the steering wheel wants to go! Imagine a motor that runs faster when the carburettor feels frisky. You can see that this is like no machine ever created. The parts want to go in different directions…at different speeds…for different reasons. The economy is much more like a flock of birds than a Boeing 747.”
http://www.dailyreckoning.com.au/the-fatal-flaw-at-the-heart-of-modern-economics/2013/05/22/
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