January 11, 2017

Quote of the Day

Well, yes, celebrities are stupid about policy, often breathtakingly so. On the other hand, so is everyone else. You want to hear some really stupid ideas about policy? Grab a group of whip-smart financial wizards, or neurosurgeons, or nuclear physicists, and sit them down for a nice dinner to debate some policy outside their profession. You will find that they are pretty much just as stupid as anyone else, because policy is not about smart. I mean, smart helps. But policy is fundamentally about domain knowledge, and that knowledge is acquired only by spending a great deal of time thinking about a pretty small set of problems. Funnily enough, this is also how one gets good at finance, or neurosurgery, or nuclear physics. -- Megan McArdle
Quote of the Day Posted by John Kranz at January 11, 2017 3:45 PM
| What do you think? [0]