
The Internet is having a bit of fun with Rand Paulโs claim during a Tuesday Senate committee hearing that โWe shouldnโt presume that a group of experts somehow knows whatโs bestโ (hereโs Tommy Beer with more). After all, theyโre the experts. Shouldnโt we get out of the way and do as the experts tell us?
No. Rand Paul is right.
Friedrich Hayek was famously skeptical of experts because they have a tendency to stretch beyond their expertise and make claims, recommendations, or policies that are beyond the narrow confines of their expertise. They also tend to collapse social problems into frameworks and models that seem easy to manipulate but that leave out a lot of important on-the-ground knowledge that, Hayek argued, is of a kind that is inaccessible to an outside observer. In short, it is easy to mistake a model for the actual underlying reality. It is just as easy to identify important considerations and act as if they are the only
In a 2014 book, William Easterly highlighted and criticized The Tyranny of Experts (I reviewed it for Regulation here). His subtitle is revealing and relevant to the present moment: โEconomists, Dictators, and the Forgotten Rights of the Poor.โ Experts can identify facts and make recommendations, certainly, but theyโre not well-positioned to know the specific trade-offs and decisions people should make in light of what they know.
Probably the best illustration of this that I’ve seen is not a dense academic treatise but the February 6, 2013 installment of the webcomic Saturday Morning Breakfast Cereal. A gentleman in a coat and tie stands in front of a tank of fluid in which someone is floating like Luke Skywalker in the bacta tank in The Empire Strikes Back. He says โWeโve encased everyone in a vat of gelatin, with nutrition fed directly into their mouths. Once a day, the gelatin is electrically excited so as to stimulate their bodies to aerobic exercise! They all live to at least 150.โ
The cartoonโs caption says โfortunately, public health advocates have no legislative power.โ
Thatโs the important point relevant to Rand Paulโs statement on Tuesday. In the cartoon, the experts have created and are enthusiastic about a technology that will lead to long lives. However, I think most of us would agree that floating in a tank of gelatinโeven if youโre hooked up to Robert Nozickโs experience machineโisnโt really living.
Paul makes the important point that a bit of humility is in order. An expert is very well-positioned to say โif you do these things, then you can expect the following effects with the following probabilities.โ Only in the most extraordinary of circumstancesโand even then, I’m still extremely skepticalโshould they presume to tell others exactly which choices they should make.
On this, I think this passage from Adam Smithโs Wealth of Nations is relevant. Iโll let him have the last word:
โThe statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.โ
Reprinted from Forbes
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