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Example of an israel a shows clearly socialist Central Planning an expropriation very often creates short for supplies Energy Commodities that never enough it seems Market Forces are clearly stronger but that does by no means mean that in free market economy supplies always plentiful complicated mechanisms are at work here as our next report explains. What is a shortage economy. Imagine you go to the supermarket but the shelves are empty. And you go to a car dealership but you only get a car in 10 years you live in a shortage economy. Gary an economist janish korn i coined this term in 1980 in a critique of planned economies in communist countries. His thesis was that shortages in countries like cuba north korea or then east germany were intrinsic to the economic system. In these economies demands didnt determine wh ....