Monday, April 6, 2009

Is Conventional Wisdom .. Wise?

Experts are taking a pounding these days. They've been wrong on a number of important matters over the past few decades, including being surprised by the sudden economic collapse. Jacob Weisberg wonders what else they are wrong about.

Considering that these people can help set the policy agenda and tend to be opinion leaders, this is a significant question. You should note carefully the disdain which dissenters are treated prior to being proven right.