Friday, December 16, 2011

"Harvard prof flunks economics"

The headline suggests a "dog bites man" story, an expectation that is hardened by learning that the Harvard prof in question is Elizabeth Warren, Senate candidate from Massachussetts. Even so, it's worth reading Michael Graham's take on the vapidity of Warren's pronouncements on energy policy. Remember, despite masses of evidence to the contrary, members of the credentialed class think that they are smarter than everybody else.

William F. Buckley Jr.: "I'd rather be governed by the first 2,000 names in the Boston telephone directory than by the faculty of Harvard."