The Meddling of Global ‘Thinkers’
by Bill Bonner
Now here’s something interesting. Every year, Foreign Policy magazine produces a list of the Top 100 Global Thinkers in the World. We picked up the list…looking for our own name.
But wait…
The key is that these are “global” thinkers. They’re not just thinkers, in other words, they are people who are thinking about how people on the other side of the planet should conduct their business.
We were suspicious even before we looked at the list. “Foreign Policy”? We’re against it. Why should we worry about things that don’t concern us?
“Well… You can’t put your head in the sand,” you might reply. “You have to be concerned, because things that happen overseas do affect you.”
Yes, that is true. They affect us. But so does the price of whiskey, the traffic on the Beltway, and the weather. None of them is worth thinking about. We can do nothing about them. And it would be indecent for us to try.
Imagine if we took an interest in the whiskey distiller’s business. What could we do? Try to force him to lower his prices? Try to show him how to operate more efficiently – as if we could know? Set up a buyers’ cartel to negotiate for lower prices? At best, we’d be wasting our time. At worse, we might succeed! Then, whiskey producers would be responding not to market forces…but to meddlers’ forces. What a mess that would be!
Meddling with things close at hand is bad enough. Meddling with things far away is worse. Remember our Daily Reckoning dictum: ignorance increases by the square of the distance.
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