Trump, Kushner and the Businessman Fallacy

‘The businessman imagines he is a generalist. The truth is, he is a specialist’

Director of the National Economic Council Gary Cohn (L) and Senior Advisor Jared Kushner (R) listen to U.S. President Donald Trump deliver opening remarks during a meeting with business leaders in the Roosevelt Room at the White House January 23, 2017 in Washington, DC — Chip Somodevilla/Getty Images

By Simon Kuper

When Warren Harding was 19, in 1884, he bought a small Ohio newspaper, probably for $450. By the time he ran for president in 1920, it had made him rich. Harding campaigned as an entrepreneur, promising “less government…