Tuesday, February 10, 2004

THINK IT THROUGH . . . LOGICALLY

Leave it to an economist to provide a cogent answer to the "Iraq WMD" question.

Arnold Kling walks us through the scientific, logical process of assessing the WMD issue.

I've spent most of my adult life assessing risk -- trying to figure out what the "best" option is amongst many options. Not the "right" decision, only the "best" decision, since only time will tell you what the "right" decision was. In business, you never know until the market has spoken.

The same is true for Iraq. The debate should be about whether we chose the best long-term option, not whether it was "right" or "wrong".


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