Saturday, February 20, 2010

Pah, experts; who needs them?

The political issue of the day in the UK is that the Tories want to cut spending at all costs, because otherwise the deficit will eat all the kittens, while Brown wants to pump in more money. He is supported in this, it seems, by the majority of economists.

Mr Osborne said: "There are leading economists who support the Conservative position, but more importantly, there are also leading business organisations, top entrepreneurs - people like Richard Branson - who know more about creating jobs than the entire Labour cabinet put together.

"More importantly". Ah, yes. What would economists know about the economy? BUSINESS LEADERS ARE ALL-KNOWING, LIKE IN THAT AYN RAND BOOK!

Looks like the Tories are falling into the same trap as the US right, then; that is, considering  that actually knowing anything about a subject is a liability, and that the man on the street knows better than experts on highly specialised topics. This appeals to our sense of vanity; we personally know better than the silly experts! It is, however, generally total nonsense.

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