Smarts or Character?

On Matt Yglesias, Hayek, and Meritocracy

Matthew Yglesias argues that meritocracy is bad. The problem, he says, is not that we don’t know how to sort the smart from the less smart, but that having smart people in charge who lack good character and judgment is worse for society than having less intelligent people in charge with good character and judgment. To use his example, we want doctors wh…