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The current system puts excessive faith in the "virtues" of markets.
It included excessive faith in Colonel Qaddafi and plain bad faith in explaining the Greenpeace fiasco.
But the late progressives had excessive faith in the power of government planners to rationalize national life.
The authors say that the "key mistake" was an "excessive faith in, and reliance on, free markets".
Amazon insiders seem to have an excessive faith that it is a crucial part of the company's success.
Instead, displaying excessive faith in the solidity of the defense, Gulko tried to avoid sacrificing anything by choosing 14... Kh8?!
Similar(20)
In both cases there can be an excessive, even narcissistic, faith in the beauties and possibilities of small nationhood.
Re "Lieberman Sets Stage for Gore as Democrats Seal the Ticket" (front page, Aug. 17), about Senator Joseph I. Lieberman's speech at the Democratic National Convention: I am troubled by the excessive references to faith and God in the Democratic campaign.
We are well aware of the alphabet soup of acronyms, including CDOs and CLOs, that contributed to the crisis, along with an excessive degree of faith in the ability of complex statistical models to mathematize risk taking.
Will people of faith challenge excessive tax cuts and budget priorities that benefit the wealthy and deprive us of resources to fight poverty?
The scientists involved screwed up, but to prosecute people who communicate risk wrongly while acting in good faith seems excessive, and raises another question: if scientists, why not others?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com