Well, I don't claim it as a proven fact, so it actually is scientific of me to call into question unproven facts with alternate theories.
Short (though not as short as we would all like) lived tragedies often bring out the best in people, doesn't mean it would become permanent if your tragedy of a wbe (Wizard Based Economy) was put into place.
http://en.wikipedia.org/wiki/Market_forces this explains how the market drives the production through market forces. A committee deciding the same within the boundaries of a financial system is called a monopoly, and actually outlawed in most places I think, so there is some food for thought.
Of course they will, but unless the wizards magic up some increased efficiency across the board, it's all just some rearranging of existing resources, lose some here, gain some there, it comes at a cost. It's also indicative of the wbe's dictator ways, we clearly enjoy our tea enough to warrant vast research budgets, but the dictator committee is not such a fan of tea, so fuck all you tea drinkers, there will be no more innovation for you.
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