Macro perspectives on the Capital Markets, Economy, Geopolitics, Technology and Digital Media

Visit Big Picture

Putting the Dog Back in Dogma

Posted on October 12, 2008

One of the more interestingly intellectual jihads I came across recently was this strange commentary in the FT this week. It was an incontinent lament against the evils of pragmatism. Never before have so many words been so eloquently spilled saying so very, very little. Titled The excesses of pragmatism, I cannot tell if the writer actually believe his own empty tripe, or if he is truly ignorant as to how we got into the mess in the first place. Have a glance at this doozy of a paragraph: A beloved myth holds that dogmatists (or ideologues) get us into problems like these, and pragmatists g...

Original article link


commodities , economy , fed , federal reserve , fomc , futures , greenspan , oil , system