Eugene David
...The One-Minute Pundit

Monday, November 24, 2008


There are two kinds of intellectual experts: (a) overeducated fools, and (b) experts who agree with me.

And I found an overeducated fool who agrees with me (i.e., a BUTTMAN INSTITUTE wonk who says ACORN and PO' PEOPLE caused the credit disaster).

Add a third kind of intellectual expert: a would-be intellectual expert who is a fool educated or otherwise.

The most effective and appropriate form of business regulation is regulation by profit and loss.

As we saw when Lehman went broke.

P. S. from Joe Queenan:


The dark side of flattery, according to P. J. O’Rourke, is attracting a fan base you may not want. Once described as “the funniest writer in America” by Time and The Wall Street Journal, O’Rourke suspects that this raised his profile among libertarians, who for some reason think of themselves as a pack of wild cutups.

“There’s a nutty side to libertarians, starting with the Big Girl, Ayn Rand, and going straight through Alan Greenspan,” O’Rourke told me over the phone. “When I go to Cato Institute functions, there’s always a group of guys who look like they cut their own hair and get their mothers to dress them, with lots of buttons about legalizing heroin and demanding a return to the gold standard. The institute has tried to weed them out over the years, but they still turn up at the bigger events. As soon as I see them coming toward me, my heart sinks.”
[Emphasis added]

(VIA NRO)

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