“Never underestimate the difficulty of changing false beliefs by facts.” ―Henry Rosovsky
An often heard phrase heard in the wake of a disaster is, “It seemed like a good idea at the time.” And so, perhaps we should look more carefully at things that look good on the surface at the moment. Thomas Sowell’s book, Economic Facts and Fallacies, offers some great insights into much of what is currently plaguing us. His book begins by defining the basic problem:
“Fallacies are not simply crazy ideas. They are usually both plausible and logical—but with something missing. Their plausibility gains them political support. Only after that political support is strong enough to cause fallacious ideas to become government policies and programs are the missing or ignored factors likely to lead to "unintended consequences," a phrase often heard in the wake of economic or social policy disasters…
Sometimes what is missing in a fallacy is simply a definition. Undefined words have a special power in politics, particularly when they invoke some principle that engages people's emotions. "Fair" is one of those undefined words which have attracted political support for policies ranging from Fair Trade laws to the Fair Labor Standards Act. While the fact that the word is undefined is an intellectual handicap, it is a huge political advantage. People with very different views on substantive issues can be unified and mobilized behind a word that papers over their differing, and sometimes even mutually contradictory, ideas. Who, after all, is in favor of unfairness? Similarly with "social justice," "equality," and other undefined terms that can mean wholly different things to different individuals and groups—all of whom can be mobilized in support of policies that use such appealing words.”



