Atrios writes about this often, the persistent perception that conservative authority figures are the grownups, the people who know what really works, while the critics are pie-in-the-sky nuts. Yet for the past decade at least, the “grownups” have again and again proved utterly clueless: they told us that it was crazy to blame market manipulation for electricity shortages, to question the case for invading Iraq, to suggest that there was a housing bubble, to doubt that derivatives were making finance safer.It is amazing that some people -- those who crave "authority figures" -- are happy to follow assertive idiots (think George Bush, Father Coughlin, Huey Long, Pat Robertson, Jim Bakker, Jimmy Swaggart, Ted Haggard, Hitler, Moussilini, etc.), and follow them right over a cliff. It is a wiring defect since we are apes born with a alpha male dominance hierarchy.
And yet they retain all of their arrogance and some of their prestige. Why?
Wednesday, May 5, 2010
Paul Krugman asks the right questions in his NY Times blog: