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The gap between what one knows and what one thinks one knows may be higher in the ranks of the elite. The result is supposedly-clever government interventions, introduced with excessive confidence, leading to disastrous results.

Arnold Kling

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Arnold Kling
Age: 70
Born: 1954
Born: January 1
Economist
Government
Gaps
Supposedly
May
Leading
Disastrous
Thinking
Clever
Ranks
Thinks
Excessive
Result
Elite
Confidence
Introduced
Higher
Intervention
Results
Elites
Interventions

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Constitutional provisions are not barriers to government misconduct. At best, they can be speed bumps.
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