This goes to show the gulf that exists b/w the way the intelligentsia perceives things, and the way people see it
But then people's preferences cannot dictate every policy choice
We need to strike that balance between respecting "vox populi" and deferring to technocratic wisdom
But then people's preferences cannot dictate every policy choice
We need to strike that balance between respecting "vox populi" and deferring to technocratic wisdom
Otherwise you will have the govt pursuing several "popular policies" that are akin to "killing the fly on the baby's head with a sledgehammer"
Sure, the fly will be killed, but will the baby be unhurt?
Usually the masses are not well placed to assess the risk-return tradeoff
Sure, the fly will be killed, but will the baby be unhurt?
Usually the masses are not well placed to assess the risk-return tradeoff
I don't mean to deride people's wisdom here.
Usually there is a certain logic and natural justice to what the majority feels
But where the majority fails is in assessing the "details"
The devil is in the details
Usually there is a certain logic and natural justice to what the majority feels
But where the majority fails is in assessing the "details"
The devil is in the details
E.g. The British public was probably right in its view that Britain is exceptional in many ways, and does not deserve to be a European appendage
But then the public was less good at grasping the path dependence of events, and the numerous details which will make Brexit painful
But then the public was less good at grasping the path dependence of events, and the numerous details which will make Brexit painful
