In each of these cases , subsequent developments showed the judgment of the speculators to be right , and the panglossian assurances of politicians and business people to be wrong .
Economic policy advice extracted from realistic models is likely to be far more valuable than advice divined from elegant but panglossian models of perfect information , unbounded rationality , and truthful behavior .
Before such thoughts are dismissed as the panglossian daydreaming of someone who thinks that it is really quite important to rescue european integration , I am happy to concede the case against .
" Doing well by doing good " has become a popular business mantra : the phrase conjures up a panglossian best-of-all-possible-worlds , the idea that firms can be successful by acting in the broader interests of society as a whole even while they satisfy the narrow interests of shareholders .