They don’t understand the way a lot of the business world works nowadays. And in a nation where the societal pressures against crime are rapidly falling away they’ll be even more wrong.
(On the social acceptance of crime now, versus as recently as twenty years ago: how many of your neighbors falsified their mortgage applications? How many could you see engaging in auto-insurance fraud? Cheating on their taxes? It’s spreading. In California, almost everybody breaks the speed limit laws multiple times a day. Think elites are any different? Think again.)
I used to think the epidemic of speeding in California was a sign of a healthy libertarian disrespect for the State. Now I’m thinking it’s the most visible symptom of massive decay in the social structure.