Yale Professor Irving Fisher, the celebrity economist who is hard at work on a book telling the rest of us how to live, has started backpedaling on a recent public statement concerning the drinking habits of college men. (When they’re not busy making completely mistaken predictions about the stock market, or about economic growth, or generally making things up, celebrity economists rather enjoy lecturing the rest of us, being that they are so greatly morally superior to others.)
Yesterday in Boston, apparently while sipping champagne celebrating New Year’s Eve at the just-opened Copley Plaza Hotel, Professor Fisher clarified that in a recent speech he had hardly meant to suggest that Harvard is “the horrible example” of excessive drinking on campus — indeed, he had “made more frequent mention of the shortcomings of Yale.” And this “was not so much in the way of criticism” of either Harvard or Yale, but rather “a warning against the dangers which beset university life.” ”Every college man, whether he comes from Harvard, Yale, or any other college, in my opinion drinks too much,” he concluded. Read the whole thing.
Professor Fisher should get out more. He’s already quite a poster-child for the credentialed gentry. If he keeps this up he’ll be like the poor chaps who stand on street corners shouting obscenities at imaginary enemies. One hopes it will be decades before another Yale-trained academic matches such buffoonery.