Thought for the Day: 8 March 2013

In general, when I embark on an understanding-and-critique task, I find myself in one of four situations. Sometimes the people I am reading are not as smart as I am and have not done their homework: they are my lawful prey. Sometimes the people are smarter than I am but have not done their homework: I critique them by doing yet more homework. Sometimes the people have done their homework but are not as smart as I am: I critique them by working hard to be smart.  And sometimes the people are smarter than I am and [have] done their homework. Then I have a very hard task indeed…

Brad DeLong

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