DYSPEPSIA GENERATION

We have seen the future, and it sucks.

Being Wrong

4th November 2015

Read it.

There’s a genre of expository writing where the author explains in detail how he got something completely wrong. The name for this form is “nonexistent” because no one ever does it. Similarly, you will never hear a lecture from an economist explaining how he got some prediction totally wrong. For instance, Obama’s economic team swore that the stimulus bill would set off an economic boom through the magic The Multiplier. They were wrong and it was a flop, but no one talks about it because it is simply not done.

This is something you see in all fields, not just public policy. You never read about scientists discussing how they screwed up an experiment or fell for some nutty idea that sounded good at the moment. What we expect and what we get is equivocation, denial and when that does not work, an attempt to flush the incident down the memory hole. It usually works too. Paul Ehrlich was hilariously wrong about human populations, but he has paid no price.

Freeberg:

Well, I can explain it, I think. Opinion-makers and opinion-distributors like Ehrlich pay no price for being wrong, because very few people care; and people don’t care because they, in turn, also pay no price. “Turned out to be right/wrong” has little practical meaning anymore. Our system of forming and governing societies, our style of discussing weighty issues, come from times in centuries past when being right or wrong meant the difference between living or starving. Now, it means the difference between strutting like a peacock on Facebook, or…fuming away on Facebook.

 

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