Exaggerations and false predictions are good; truth is bad – about peak oil research

Summary:  One reason Americans observation-orientation-decision-action loop is broken:  we love people to give us bad information.  Even outright lies are acceptable, if interesting or flattery.  As in the media trope “he was wrong, but made us think.”  Today’s example is the late Matthew Simmons. Christopher Helman, a Bureau Chief for Forbes explains in “Matt Simmons, …

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