Thursday, April 10, 2014

On 'Asymmetric Stupidity'

wsj via Instapundit

Which brings us to former Enron adviser Paul Krugman, who answers Klein's article with a blog post titled "Asymmetric Stupidity." It's meant to be an explanation of what Krugman calls "a genuine intellectual puzzle." But it turns out to be an example, and quite a funny one, of biased thinking--in this case, biased thinking about biased thinking. It might have been subtitled "An Autobiography."---James Taranto

A lesson in there somewhere.  There is no such thing as pure objectivity.  People are going to be biased toward their own point of view.  Funny how someone like Krugman can deny this while claiming it as the sole province of those who disagree with him.


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