It’s exactly the opposite. The more complex the economy the more important it is to allow market forces to integrate the dispersed knowledge from around the world. 

No one is smart enough to do that job, even if they had the best intentions (which they never will). 

Undisciplined

econ

U.S. Labor Market Growth Slows Dramatically in August with 54,000 Jobs Added

Cje95

I think 100s of years ago you would be 110% correct but now with how connected the world is and what the economy is now there needs to be someone in charge to monitor and try to stabilize/warn people about the economic situation