Verbiage

Project Syndicate / The Age of Verbiage

One cannot deny the fact that there are too many overconfident experts making too many predictions about too many issues too quickly these days. A basic economic principle is useful here: the 24-hour news cycle has created a huge need for expert opinion, and the market has simply created the supply to meet the growing demand.

February 4, 2023
February 4, 2023

The Age of Verbiage

One cannot deny the fact that there are too many overconfident experts making too many predictions about too many issues too quickly these days. A basic economic principle is useful here: the 24-hour news cycle has created a huge need for expert opinion, and the market has simply created the supply to meet the growing demand.