“We all agree that pessimism is a mark of superior intellect.”
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The enemy of the conventional wisdom is not ideas but the march of events.
Economics is extremely useful as a form of employment for economists.
We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.
Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a much cherished aspect of academic freedom.
