Accurate Quote by John Steele Gordon
“Intellectuals love Jefferson and hate markets, and intellectuals write most of the books. Intellectuals often think that they should, for the benefit of mankind, act as fiduciaries for the clods who don't have to be intellectuals, and I suspect that has to do with [why historians love Jefferson and not Hamilton, even though Hamilton's vision of America's commercial future was vastly more accurate than Jefferson's].”
About This Quote
Intellectuals favor Jefferson's agrarian ideal while dismissing market-driven progress, reflecting a bias toward romanticized simplicity over pragmatic commerce.
In simple terms: Intellectuals prefer Jefferson over markets.
Question assumptions about intellectual bias.
Themes
Mood
Type
When to use this quote
- academic discourse
- policy analysis
- public debate
- education
- media commentary
Key Concepts
Questions to Reflect On
- Do you value romantic ideals over practical outcomes?
- How does bias shape historical narratives?
Intellectuals may overlook practical benefits of market systems.