{"id":1986,"date":"2009-08-07T10:41:49","date_gmt":"2009-08-07T14:41:49","guid":{"rendered":"http:\/\/www.whiteberg.dk\/?p=1986"},"modified":"2009-08-07T10:41:49","modified_gmt":"2009-08-07T14:41:49","slug":"quote-of-the-day","status":"publish","type":"post","link":"https:\/\/www.whiteberg.dk\/?p=1986","title":{"rendered":"Quote of the day"},"content":{"rendered":"<p><a href=\"http:\/\/econlog.econlib.org\/archives\/2009\/08\/do_progressives.html\">Arnold Kling<\/a>: <\/p>\n<blockquote><p>I think markets nearly always produce sub-optimal outcomes, and I think that if technocrats know better they deserve a shot. However, I think that most of the time technocrats know far less than they think they know, and I think that markets are often better at self-correcting than technocrats are at fixing them. Hence, my Masonomics line is that &#8220;Markets fail. Use markets.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Arnold Kling: I think markets nearly always produce sub-optimal outcomes, and I think that if technocrats know better they deserve a shot. However, I think that most of the time technocrats know far less than they think they know, and I think that markets are often better at self-correcting than technocrats are at fixing them. &hellip; <a href=\"https:\/\/www.whiteberg.dk\/?p=1986\" class=\"more-link\">L\u00e6s mere <span class=\"screen-reader-text\">Quote of the day<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[],"_links":{"self":[{"href":"https:\/\/www.whiteberg.dk\/index.php?rest_route=\/wp\/v2\/posts\/1986"}],"collection":[{"href":"https:\/\/www.whiteberg.dk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.whiteberg.dk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.whiteberg.dk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.whiteberg.dk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1986"}],"version-history":[{"count":0,"href":"https:\/\/www.whiteberg.dk\/index.php?rest_route=\/wp\/v2\/posts\/1986\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.whiteberg.dk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.whiteberg.dk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.whiteberg.dk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}