Alas, I soon grew disillusioned, concluding that economics was largely a form of intellectual prostitution where you got rewarded for saying what the… - Max Tegmark

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Alas, I soon grew disillusioned, concluding that economics was largely a form of intellectual prostitution where you got rewarded for saying what the powers that be wanted to hear. Whatever a politician wanted to do, he or she could find an economist as advisor who had argued for doing precisely that. Franklin D. Roosevelt wanted to increase government spending, so he listened to John Maynard Keynes, whereas Ronald Reagan wanted to decrease government spending, so he listened to Milton Friedman.

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About Max Tegmark

Max Tegmark (born May 5, 1967) is a Swedish-American physicist, cosmologist and machine learning researcher. He is a professor at the Massachusetts Institute of Technology and the scientific director of the Foundational Questions Institute. He is also a co-founder of the Future of Life Institute and a supporter of the effective altruism movement, and has received research grants from Elon Musk to investigate existential risk from advanced artificial intelligence.

Biography information from Wikiquote

Also Known As

Alternative Names: Tegmark Max Shapiro Max Erik Tegmark
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We have to get away from this idea today with some fact-checking sites which might themselves have an agenda and you just trust it because of its reputation. You want to have these sort of systems [where] they earn your trust and that is completely transparent.

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