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YouTube - Bork and Hayek on so-called "Intellectuals"

I think Hayek makes an excellent point. Intellectuals are used to understanding how things work and take pride in their rationality, so when they see something happening and do not understand the mechanics of it their inclination is to dismiss it as nonsense. A proper empiricist or a 1st rate intellectual would judge from the measurable results, but the 2nd rate intellectual (which is most of them - especially outside their specialty) is too arrogant to acknowledge their ignorance.
Reposted fromkonnex konnex
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