An entrepreneur who lucked into a company that made him billions is not necessarily more qualified than anyone else to allocate society&#x27;s resources. I&#x27;d also argue that a politician that managed to win a popularity contest is also not necessarily qualified to allocate society&#x27;s resources. But at least the latter is, in theory at least, accountable to that society.<p>There are probably lots of smart people out there qualified to allocate society&#x27;s resources, but they tend to not become billionaires or win elections.