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Intellectuals Step 'Off The Cliff,' Drag Rest Of Us Down: So
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Intellectuals Step 'Off The Cliff,' Drag Rest Of Us Down: So
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Another interview with Thomas Sowell.

Smart people should make smart decisions. So why do the best and the brightest always seem to create more problems than they solve?

This is not just an academic question, precisely because academics dominate the Obama administration and its approach to such key issues as health care and Iran's pursuit of nuclear weapons. Renowned economist Thomas Sowell argues that intellectuals have strong incentives to step out of their area of expertise and "off a cliff." Ultimately, everyday people pay the price when intellectuals and abstract concepts trump real-world specifics.

Sowell explores these topics and more in a wide-ranging IBD interview regarding his latest book, "Intellectuals and Society."


http://www.investors.com/NewsAndAnalysis/Article.aspx?id=522457
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