QUOTE OF THE DAY. Arnold Kling, at Econ Log.

For raw IQ among politicians, my sense is that you cannot beat Newt Gingrich. But I do not want Gingrich to be President, for the same reason that I do not want Al Gore to be President. Each of them greatly over-estimates the value of what he knows. To me, the most dangerous thing about politicians is their, well, intellectual arrogance. They think that they know more than they really know, and so they are too confident about ordering other people what to do.

I suspect that there's a line all too easily crossed between a philosopher-king President and an imperial President, and it's a distinction members of the pundit classes ignore when the bully pulpit is in use to support policies those members favor.