Pundits Quotes
A startlingly bad prediction by a Nobel-prize winning economist particularly given it was stated in 1998 rather than a much earlier date when the potential of the Internet wasn’t already apparent. Ironically, the quote is from a Red Herring article he wrote titled “Why Most Economists’ Predictions Are Wrong” in which he asserts that most economists predictions are wrong because they overestimate the impact of future technologies. This quote is part of a longer, equally incorrect quote: “The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law' becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.” See related quotes.
Critics, pundits, and social and program evaluators, have—as Deleuze observes—a major vested interest in the outcome of the evaluations—namely their own economic and influential existence. That alone should cast suspicion on all evaluations,
It is interesting to note that the First Lady described herself as a “poor scribe”. However, she wrote more columns over the years than any other journalist or columnist while doing everything else she did.
Kristol’s reputation as a political pundit suffered as a result of this assertion. However, Kristol was a very astute observer of the political scene; it indicates how remote Obama’s chances were believed to be even in 2006. Kristol was not alone in his view, just more bold in asserting it.
Donald Trump was at that time well ahead in the polls in his quest for the Republican Presidential nomination. Most Republican leaders and most journalists and pundits did not understand his popularity and many carefully analyzed his speeches and statements. Gerson suggested that this was fruitless.
The Grammar Curmudgeon
