Monday, November 30, 2009

Fear of the elites

Another great quote from Arnold Kling over at Econlog:

I have a fear of the masses that would rival David Brooks'. But I have a fear of the elites that is even stronger. Among elites there is an even larger discrepancy between knowledge and power. The political elite has too much power relative to the dispersed knowledge in society.

Read his entire post here.

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