Interesting. I know Menken was probably just giving a caricature, but those words about businessmen seem harsh. I think there’s tons of businessmen who have extremely sophisticated talent and intelligence.
Oh absolutely. But the quotation came up not in addressing businessmen in the abstract, but highly (or th highest) successful businessmen spouting bad economic philosophy. The question is: Are successful businessmen, by virtue of their massive wealth, to be regarded as founts of economic wisdom.
Interesting. I know Menken was probably just giving a caricature, but those words about businessmen seem harsh. I think there’s tons of businessmen who have extremely sophisticated talent and intelligence.
Oh absolutely. But the quotation came up not in addressing businessmen in the abstract, but highly (or th highest) successful businessmen spouting bad economic philosophy. The question is: Are successful businessmen, by virtue of their massive wealth, to be regarded as founts of economic wisdom.
Gotcha. I misunderstood. Thanks for the clarification.