By Erik Prince & Dave Ramaswamy · 29 October 2025 On Fiat Experts: How the Priesthood of Failure cost America $38 Trillion of Administrative Bloat The COVID pandemic provided a natural experiment in experts’ competence. The results were unambiguous. Every major government recommendation was proven wrong: masks did not work, then they were essential, then two were better than one. The virus did not spread asymptotically; then, asymptomatic spread became the primary driver. Two weeks to flatten the curve became two years of flattening...