Monday, January 5, 2009

Quote of the Day

"Most academics are really reluctant to take part in the public dialog, because the public dialog requires you to have an opinion about things you can’t really be sure about,” says Mr. Rajan. “They fear talking about things where everything is not neatly nailed in a model. They stay away and let the charlatans occupy the high ground."

-Ignoring the Oracles: You Are With the Free Markets, or Against Them

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