09 August 2009

Quote of the Day

... one’s career, reputation, even sense of self-worth can end up being defined by a particular intellectual approach, so that supporters of the approach start to resemble fervent political activists — or members of a cult.
Paul Krugman, 9 August 2009, writing on the efficient market theory in economics

1 comment:

  1. Simply our human tribal nature at work, Roger.

    It takes some personal courage to stand outside of any particular tribe, cult, religion or what-have-you, and to take the heat they give you - especially if you are not supported by another community.