Are college-educated Americans out of touch?

Nah, no way. The reality is that six in 10 Americans do not have a college degree, and they elected Donald Trump. College-educated people didn’t just fail to see this coming — they have struggled to display even a rudimentary understanding of the worldviews of those who voted for Trump. This is an indictment of the monolithic, insulated political culture…

Nassim Taleb on economists

Let us remember that economists are evaluated on how intelligent they sound, not on a scientific measure of their knowledge of reality. Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets (Kindle Locations 1684-1685).