Philosopher Alasdair MacIntyre terms “the fallacy of managerial expertise”: an attempt by ‘experts’ to blind us with science in order to justify their own over-paid existences and mask their confusion. After all, if they had been so skilled, then why is it that not one of them - either politician or finance minister or financial journalist or just plain financier - was able to predict the current debacle.

Posted Weds 16th June 2010
E.U. Chief Warns: Massive Government Debt Will Kill Democracy And Create New Dictatorships.