20 miles of empty lumber rail cars

I’m driving past 20 miles of these empty railroad lumber transport cars in Eastern Oregon, which are being stored on an unused rail spur. The cars have been there for 2 years. A living image of the Hayekian malinvestment boom and bust cycle:

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A system of market determined prices is .. indispensable [as a mechanism which makes] us adapt our activities to events and circumstances of which we cannot know. — F. A. Hayek

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