Rand Paul: Beware the Tyranny of Experts!

Collective Intelligence, Commercial Intelligence, Cultural Intelligence
3Shares

Rand Paul Is Right About Experts

In a 2014 book, William Easterly highlighted and criticized The Tyranny of Experts (I reviewed it for Regulation here). His subtitle is revealing and relevant to the present moment: “Economists, Dictators, and the Forgotten Rights of the Poor.” Experts can identify facts and make recommendations, certainly, but they’re not well-positioned to know the specific trade-offs and decisions people should make in light of what they know.

Read full article.

Financial Liberty at Risk-728x90




liberty-risk-dark