The Benefits of Expertise—and Its Limitations

Save

6/4/2025Updated: 6/4/2025

0:00

Commentary

“An expert is one who knows more and more about less and less until he knows absolutely everything about nothing,” philosopher Nicholas Murray Butler once quipped.

Fabian Wintersberger

Author

Fabian Wintersberger, a trained economist, serves as a rates trader at an Austrian regional bank. Through his weekly newsletter, “The Weekly Wintersberger,” he offers analyses of financial markets and economic events rooted in the Austrian tradition.