The gap between what one knows and what one thinks one knows may be higher in the ranks of the elite. The result is supposedly-clever government interventions, introduced with excessive confidence, leading to disastrous results.
Arnold KlingI have come to believe that politicians are in the business of 'marketing' their product to the public, by exaggerating threats and over-selling government solutions.
Arnold KlingThat eugenics was part of the progressive agenda is one of the most heavily-airbrushed features of history.
Arnold KlingPhelps has given us a clear warning of the dangers of corporatism. I hope that more people hear and heed the warning.
Arnold KlingThe prescription for better health care is more freedom to innovate, not remote-control surgery from Washington.
Arnold KlingYour generosity is reflected in what you do with your own money, not in what you do with other people's money. If I give a lot of money to charity, then I am generous. If you give a smaller fraction of your money to charity, then you are less generous. But if you want to tax me in order to give my money to charity, that does not make you generous.
Arnold Kling