from Zero Hedge
Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours),
There’s something about employed intellectuals. When they are trashing popular wisdom and perceptions of regular people, they are truly in their element.
They love nothing better. It’s a way for them to show off their superior understanding, flash their credentials, and dazzle others with the merit of their time and expense in schooling. It justifies their social standing and income. And it assures their jobs.
Where would we be without them? Wallowing in ignorance, no doubt.
The trouble is that very often the popular wisdom is correct whereas the intellectuals are wrong.