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by Elliott Morss, Morss Global Finance
Introduction
I recently urged a number of friends to read “The Death of Expertise: The Campaign Against Established Knowledge and Why it Matters” by Thomas M. Nichols. Nichols bemoans the fact that expertise no longer matters and we have become enveloped in “…a bonfire of arrogance and ignorance.” He concludes:
“To reject the notion of expertise, and to replace it with a sanctimonious insistence that every person has a right to his or her own opinion, is silly.”