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FAWS comments on Undiscriminating Skepticism - Less Wrong
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I'm increasingly inclined to use reactions to data that Communist economies did no worse on average than Capitalist economies as a new litmus test.
People who as their first reaction start pulling excuses why this must be wrong out of their asses get big negative points on this rationality test.
I don't need to explain why this is not mainstream. It is also extremely unlikely to be significantly wrong.
I think you have a point there. Planned economy is called a "failed experiment" with much greater confidence than justified. Not so sure about "extremely" and what "significantly" should mean here, though.
My current position after updating on the evidence form skimming through that paper is that capitalism probably is better for some things, planned economy better for others, and that whether the historical performance of socialist planned economies lags behind that of capitalism depends on what assumptions you make, which countries you hold as comparable and so on, but the answer probably is somewhere between "no" and "yes, but not by all that much".