It can be argued that the world has reach the sorry state it’s in today largely because academics, politicians and “distinguished experts” or “recognized authorities” did not have the humility to admit their own mistakes, or to at least recognize the limits of their knowledge. Of course, this is far from a new affliction in our societies …
Tag: anointed experts
“War on cash” update: A brighter outlook
Part II of II, by Claudio Grass, Switzerland Finally, a victory for the State Central planners and paper pushers of all stripes are not generally known for their acumen or their ability to recognize and successfully seize opportunities in time. They always tend to lag behind more or less every other member of society: from …