It's tempting to give up-either to retreat to the ivory tower, or to start to play the policy entrepreneur game. After all, what is the use of sophisticated policy thinking or careful examination of the facts if simplistic ideas win every time?
One answer is simply that it would be wrong to give up. If the people with good ideas do not fight for them, they have no right to complain about the outcome.
But good ideas will still often lose to convenient nonsense. When that happens, every serious economist is ultimately sustained by a faith that the right ideas will eventually prevail. (Paul Krugman)

It's tempting to give up-either to retreat to the ivory tower, or to start to play the policy entrepreneur game. After all, what is the use of sophisticated policy thinking or careful examination of the facts if simplistic ideas win every time? One answer is simply that it would be wrong to give up. If the people with good ideas do not fight for them, they have no right to complain about the outcome. But good ideas will still often lose to convenient nonsense. When that happens, every serious economist is ultimately sustained by a faith that the right ideas will eventually prevail.

Paul Krugman

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answer economist entrepreneur examination faith fight game good ivory lose nonsense outcome people play policy retreat right start tempting thinking time tower use win wrong facts

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