Even Wrong, Sometimes Right

What does one call a situation where a quote about knowledge is being used incorrectly to demonstrate the need for knowledge?  For example: A good decision is based on knowledge and not on numbers. Plato The above is often referenced by those who want to point out that numbers (as in data) is not enough.…

The Inevitable Failure of Central Planning

It’s all very in practice but it will never work in theory. As articulated by Plato, there has always been a belief that a “Philosopher King”, a wise and powerful ruler would be an ideal.  In the modern era, skilled and dispassionate technocrats are the Philosopher King’s heirs – they can best manage the complexity…