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Good ideas do not need lots of lies in order to gain public acceptance (2008)

6 hours ago
  • #Iraq War Critique
  • #Business Ethics
  • #Economics
  • A change to comments links was made to prevent pop-ups, though its effectiveness on permalink issues is uncertain.
  • The author reflects on a personal maxim: 'Good ideas do not need lots of lies told about them in order to gain public acceptance', citing its relevance in political and economic contexts.
  • The post explains how business school lessons, such as evaluating ideas' integrity, assessing fibbers' forecasts, and the importance of audit, were applied to critique the Iraq War and related policies.
  • Key principles include discounting compromised forecasts and avoiding trust in known liars, illustrated with examples from accounting and war planning.
  • The author mentions admiration for economist Paul Krugman and the book 'Development, Geography and Economic Theory', while noting starstruck feelings over Galbraith's praise.