News Analysis
There are three great questions roiling public life today.
First, why did they (meaning the elites in charge of our lives) not see this coming?
Second, why did they believe they could control it?
Third, what happens to them now that they have proven to have made such enormously costly errors that have devastated the lives of millions and billions of people?
This pertains to so many areas of life today, most prominently public health and monetary policy. There are analogies between the two.
Policy in both areas is directed by a monopoly of control informed by select experts. These people have all necessary credentials. They talk and behave as if they have it all together whereas the rest of us are mere commentators and observers. They believe that their power, which they imagine is total, is vital for saving the world from some terrible fate….