…It may seem strange that so many people of great intellect have said and done so many things whose consequences ranged from counterproductive to catastrophic. Yet it is not so surprising when we consider whether anybody has ever had the range of knowledge required to make the sweeping kinds of decisions that so many intellectuals are prone to make, especially when they pay no price for being wrong.
Intellectuals and their followers have often been overly impressed by the fact that intellectuals tend, on average, to have more knowledge than other individuals in their society. What they have overlooked is that intellectuals have far less knowledge than the total knowledge possessed by the millions of other people whom they disdain and whose decisions they seek to override.
We have had to learn the consequences of elite preemption the hard way — and many of us have yet to learn that lesson.