pa2970c.jpg Paul Lachine

Love the Bank, Hate the Banker

Public discourse is rarely nuanced: the public's attention span is short, and subtleties tend to confuse. Nowhere is this more obvious than in current debates about bank regulation, in which bankers and their critics have staked out positions that are sharp, shrill, and almost certainly wrong.

NEW DELHI – Public discourse is rarely nuanced. The public’s attention span is short, and subtleties tend to confuse. Better to take a clear, albeit incorrect, position, for at least the message gets through. The sharper and shriller it is, the more likely it is to capture the public’s attention, be repeated, and frame the terms of debate.

https://prosyn.org/7GPoawn