In their haste to be wiser and nobler than others, the anointed have misconceived two basic issues. They seem to assume: 1) that they have more knowledge than the average member of the benighted, and 2) that this is the relevant comparison. The real comparison, however, is not between the knowledge possessed by the average member of the educated elite versus the average member of the general public, but rather the total direct knowledge brought to bear through social processes (the competition of the marketplace, social sorting, etc.), involving millions of people, versus the secondhand knowledge of generalities possessed by a smaller elite group.
H/T Mark J Perry at American Enterprise Institute
1 comment:
Yes. It was an amazing business the Brexit. Now I do not Wesrminster will even bother to pretend to Brexit out the back door, and come in through the window. The most important vote we have ever heard of and it meets utter scorn.
I see PM Cameron as a traitor really. He called this vote to put the Conservatives in their place, and when it doesn't work, the regressive BBC, the Empire, and the elites wind up the withering and dishonest machinations again.
People were seriously saying old people should just die,not vote, and the result was not good enough, lets play it again, till they understand.
That is one of the reasons Key lost his flag vote. It was identified with him, and he had previously refused two referenda. Sama agai. Older people wanted the flag as is.
That fellow Farage, he takes on the Empire single handedly almost, and nearly won.
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