Friday, January 23, 2009

Superman Gordon Brown: The World's Savior?


In a session at the House of Commons last December, England's Prime Minister Gordon Brown goofs about saving the world....errr the banks. (source: Telegraph).

Anyway this just an example of F. Hayek's 'Fatal Conceit', or the overweening belief of one's omniscience. A good quote from Thomas Sowell, ``Politics is largely the process of taking credit and putting the blame on others-- regardless of what the facts may be. Politicians get away with this to the extent that we gullibly accept their words and look to them as political messiahs."


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