[lbo-talk] how Hillary could win

[Michael Perelman]

The over-weening conceit which the greater part of men have of their own 
abilities, is an antient evil remarked by the philosophers and moralists 
of all ages. Their absurd presumption in their own good fortune, has 
been less taken notice of it. It is, however, if possible, still more 
universal .... The chance of gain is by every man more or less 
over-valued, and the chance of loss is by most men under-valued. [Adam 
Smith 1776, I.x.b.26, pp. 124-5]

Wojtek Sokolowski wrote:
>
> The problem with the counter-culturalist, guilt tripping cults in the 
> US is that they think that most of the population is like them – 
> wallowing in guilt and misery. In reality, most people dream of 
> happiness and bright future, and will go to great lengths to maintain 
> those dreams (or delusions).
>

-- 

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901