John Maynard Keynes is supposed to have said, “When the facts change, I change my mind. What do you do, sir?” For many politicians including President Obama, the answer is, “I ignore the facts and stick to my preconceived notions.” Back in 2008, California voters approved high-speed rail based on the promises that, at a […]
When the Facts Change, Some Minds Don’t
John Maynard Keynes is supposed to have said, “When the facts change, I change my mind. What do you do, sir?” For many politicians including President Obama, the answer is, “I ignore the facts and stick to my preconceived notions.” Back in 2008, California voters approved high-speed rail based on the promises that, at a […]
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