Tag Archives

Archive of posts published in the tag: Social Science

The Market for Experts

In a complex society we must depend on experts; but we also depend on the proper functions of markets where experts compete. The problem is not lack of respect for expertise, but the understanding of the proper role of experts, and the false confidence in expertise in areas of our existence that defy expertise. Scientific reasoning does not apply to areas of humanity that requires moral judgment and social and economic tradeoffs, where there is not a single truth to be unveiled. Without a competition of ideas, progress and improvement are stifled.

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Lunatic Mimes

“If the page is written but we imagine it is blank, then we will act from ignorance, and live our lives without a knowledge of the truth, although the truth is there for us to know. But worse yet, if the page is blank and we imagine it is written, then we will enslave ourselves to our own fantasies, and live like mad men or lunatic mimes, running into walls which are not really there.”

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