Legend has it that Alexander Hamilton, the greatest technocrat among America’s Founding Fathers, described the fledgling nation’s people as “a great beast.” They “are turbulent and changing; they seldom judge or determine right,” he said on another occasion. Generally speaking, the first secretary of the Treasury of the United States was a lot more comfortable with the thought of bankers running things and the rich reining in what he called the “unsteadiness” of the masses.
Thursday, November 24, 2011
Can Monti Save Italy? The Trouble With Technocrats - The Daily Beast
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