26 August 2011

Despised By The Intellectuals

Amazing how, despite dramatic changes, some things never change. Is this new book the 2nd coming of Adam Smith? What is it about intellectuals which prevents them from learning anything from history? Despite their constant claim that they are the experts, they seldom learn anything from our past, which is why they should, in most cases, be ignored when it comes to lecturing the rest of us.

Business has always had a bad rap. Throughout almost all of history, business has been despised by the intellectuals, it’s been heavily regulated by governments, it’s one of the reasons the world didn’t make much progress…as little as 200 years ago, 85 percent of people on planet Earth lived on less than a dollar a day, 85 percent, we’re down to 20 percent now. (Emphasis mine)

"Beware committees, conferences and leagues of intellectuals. Distrust public statements from their serried ranks. Discount their verdicts on political leaders and important events." ~ Historian Paul Johnson (Intellectuals, page 342) 

1 comment:

13thBama said...

I would like to see "The Morality of Socialism" written to refute this book. Anyone?

Don't hold your breath waiting for it.