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Sunday, February 20, 2011

The Expert-Hubris Industries

The Expert-Hubris Industries, Arnold Kling | EconLog | Library of Economics and Liberty:

"If you are cautious and self-doubting, you have to act otherwise if you want people to believe you are a good ...
I would say that it is not the fault of the people in these professions that they select for hubris.
 That late-stage medical procedure represents hope. For overcoming disadvantages with which people are born, education represents hope. For getting rich without having to work hard or save obsessively, money managers offer hope. And do I even need to say that people look to politicians to supply hope?


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