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Cake day: July 20th, 2023

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  • There’s also just a fundamental problem with planned economies from a purely economic standpoint: they are much less efficient at actually providing the minimum set of goods and services required by a population, and they’re worse at achieving growth. See the most recent Nobel Prize in economics for a citation. Funnily enough, the same paper’s arguments apply equally to oligarchic economies and crony capitalist economies, which are semi-planned economies by a small group of the ultra wealthy.

    More specifically to the OP, communist countries have planned economies, which by nature requires a strong authority to tightly control production. Hence why communist states always have very consolidated political power structures. And once the power is consolidated, all it takes is one bad actor to get that power and ruin everything.





  • Nifty! I built something similar for my university graduation project. Did a PCB, ESP8266 based as well. Temperature, humidity, sound, vibration, airborne particulate sensor, and some other stuff.

    Wrapped a server up in docker for receiving the data, basic dashboard in JS for minor reactivity in components. Never ended up actually doing it cause I didn’t have a consistent host, but maybe I should spin it up again now that I have a home server.

    Cool project, looks neat! Anything you were caught off guard by when doing this?