Plus ça change, plus c’est la même chose
“I am not overawed, and I am not at all disturbed by the proclamation of college professors who never earned a dollar by the sweat of their brow by honest labor.”–Senator Samuel Shortridge (R-CA) in response to “1,028 economists [who] sent a letter of protest, arguing that protectionism would harm the economy and cause a trade war.” This was in the context of the Smoot-Hawley Tariff that helped usher in the Great Depression.
Seriously: what do a bunch of pointy-headed intellectuals who have devoted their lives to studying a topic know about that topic? And the absolutely worst kind of college professors are the ones with dry brows.
(From today’s edition of Marketplace).