“The transcripts of the 2006 [Federal Reserve] meetings, released after a standard five-year delay, clearly show some of the nation’s pre-eminent economic minds did not fully understand the basic mechanics of the economy that they were charged with shepherding.” It’s a significant understatement to say that they didn’t “full understand” the economy. Their discussions make it look like a dozen econ 101 students were gathered in a room and put in charge of the economy. “Ender’s Game” made real. →
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It’s been a while since I read Ender’s Game. What’s the analogy?
Spoiler alert—this is the twist at the end of the book.
Young Ender Wiggin and his fellow classmates are undergoing increasingly vigorous training to learn to lead battles, becoming the next generation of Earth’s defenses against some invading aliens. As a sort of final exam, they orchestrate an enormous simulated battle, which they win, though only with the enormous loss of human life. Then they find out that the battle was real. These children were actually calling the shots in a real-life all-out final battle for the future of the planet.
Oh, hah! I get it now. :-)