“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”― Murray N. Rothbard
Wouldn't it be nice if we could get a political leader in the US who didn't speak out of both sides of their face ... in the same speech? How does that pass the public's sniff test, at all? I digress. Really liked the tie-out to the movie here ... good fiction to reality bridge that helps to show why it feels like we're living in some poorly written fiction today.
Excellent piece and totally agree. Peak stupidity is here for sure. Love the Rothbard quote.
Thanks! And Happy Bitcoin White Paper day!
Here's another Rothbard gem:
“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”― Murray N. Rothbard
Wouldn't it be nice if we could get a political leader in the US who didn't speak out of both sides of their face ... in the same speech? How does that pass the public's sniff test, at all? I digress. Really liked the tie-out to the movie here ... good fiction to reality bridge that helps to show why it feels like we're living in some poorly written fiction today.
Wish I'd bought more ExxonMobil stock when I had the chance. The bunch I picked up during lock down is up 300%.