"...the Hiding Hand can help men engage successfully in problem solving: they take up problems they think they can solve, find them more difficult than expected, but then, being stuck with them, attack the unsuspected difficulties - and sometimes even succeed."
In 1986 Harry Frankfurt published the first edition of On Bullshit, the essay that, in the years that followed, was to become the authoritative take on the topic. In it, he lamented the amount of bullshit plaguing every aspect of public life, arguing that production of bullshit was tightly correlated with the increase in opportunities and (perceived) obligations for people to speak their mind, even in the absence of a strong “apprehension of reality”.
In November 2008, with the financial crisis in full swing, Queen Elizabeth attended a ceremony at the London School of Economics. Facing an audience of high ranked academics, she posed a simple question: “Why did nobody notice it?”