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


TokyoTom said...

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.

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