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Vinod's Blog Random musings from a libertarian, tech geek... |
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It's been a while since I've blogged about Victor Davis Hanson (aka VDH) but, via Instapundit, I found this article about my man and his academic / professional history. His curious roots:
And the power of ideas:
I often say that much of my politics / philosophy is shaped by my experience in the software industry. It breeds an underlying distrust of "academic" politicians / economists / legal theorists and a recognition of just how often *all* the experts get it wrong. I've been privileged, for example, to work on early efforts by the industry to bring broadband via Interactive Television to the market along with a host of smaller intellectual fads. On every possible level, we were all so sure that interactive TV would bring Information At Your Fingertips and at every possible level we thought it was just a matter of getting enough smart engineers, technicians, and marketing folk together to make it all work. And we were all wrong. In a market setting, when the experts get it wrong, there are significant limits to how far "they" can lead "us" astray and strong safeguards built into the market to prevent too much cost. Firms simply go under. Or, if there are still hopeful assets underlying the firm, a hostile take over could be launched. Or, if the managers are have sufficient humility, they recognize that their strategy was flawed and reevaluate their options. It's well understood, for example, that only 1 in 10 new product/service introductions in the private sector actually stick / work. The market is great at doing the dirty work necessary to clean up the wasted resources created by the other 9 efforts and recycle them into the next batch of 10 experiments. The same forces - and they are the EXACT same forces - unleashed within the government have practically no bound and the errors accumulate ad nauseum. There is precious little recognition that 9 out of 10 government projects - advocated by experts - similarly "fail" and even less recognition that the "recycling" process are almost absent altogether. The reason Hanson resonates so much with me is because he recognizes the same forces -- that "experts" are wrong and often self-deceived (Greek Hubris); that the individual solving his own problems is MOST likely to generate quality decisions; that while we should always be open minded and receptive to cultural criticism, that these are themselves cultural traits that should be elevated; and so on. Keep writing dude! ![]() |
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