Well, even like that I don't agree with your analysis of the Reign of Terror. It was a bad idea, but first you can't resume the French Revolution to it, and then, it was not that they "were really, really confident that things would be best if they could decide more or less ad hoc to kill tens of thousands". Robespierre, the head of state during the Terror, was against death penalty : http://www.marxists.org/history/france/revolution/robespierre/1791/death-penalty.htm . But he was against the death penalty in time of peace, not in time of war.
That's they key to understand it : the situation of French Republic was terrific. The League of Kings (that is, the rest of Europe) was in war against it, and there were many people inside France trying to destroy the Revolution from inside and go back to Old Regime. The Terror was a survival policy, much more than a policy of overconfidence.
If you look at the core texts of the French Revolution, like the Declaration of Human Rights of 1793 ( translation available at http://www.columbia.edu/~iw6/docs/dec1793.html ), which was inside the Constitution of the First Republic, they were really showing a huge distrust about themselves. Just a few quotes :
«
Art 9. The law ought to protect public and personal liberty against the oppression of those who govern.
At 12. Those who may incite, expedite, subscribe to, execute or cause to be executed arbitrary legal instruments are guilty and ought to be punished.
Art 28. A people has always the right to review, to reform, and to alter its constitution. One generation cannot subject to its law the future generations.
Art 31. The offenses of the representatives of the people and of its agents ought never to go unpunished. No one has the right to claim for himself more inviolability than other citizens.
Art 35. When the government violates the rights of the people, insurrection is for the people and for each portion of the people the most sacred of rights and the most indispensable of duties. »
Those clearly show a distrust into those who will wield power, including themselves. The French Revolution didn't fault by being overconfident in itself. The core difference was between the French Revolution and the American one was that the Americans weren't surrounded by hostile countries trying to crush them exactly at the same time in which they were facing civil war. The Montagnards applied the Terror because they were corned, not because they were arrogant.
This account of the French Revolution fails to explain their alarmingly drastic price control measures, which measures prefigured the liquidation of the kulaks. They killed people frivolously, because they could, not because they were threatened.
Doubtless they were threatened by plots from aristocrats. Where they also threatened by farmers reluctant to sell their grain and young men reluctant to be conscripted?
Scott Aaronson suggests that Many-Worlds and libertarianism are similar in that they are both cases of bullet-swallowing, rather than bullet-dodging:
Now there's an analogy that would never have occurred to me.
I've previously argued that Science rejects Many-Worlds but Bayes accepts it. (Here, "Science" is capitalized because we are talking about the idealized form of Science, not just the actual social process of science.)
It furthermore seems to me that there is a deep analogy between (small-'l') libertarianism and Science:
The core argument for libertarianism is historically motivated distrust of lovely theories of "How much better society would be, if we just made a rule that said XYZ." If that sort of trick actually worked, then more regulations would correlate to higher economic growth as society moved from local to global optima. But when some person or interest group gets enough power to start doing everything they think is a good idea, history says that what actually happens is Revolutionary France or Soviet Russia.
The plans that in lovely theory should have made everyone happy ever after, don't have the results predicted by reasonable-sounding arguments. And power corrupts, and attracts the corrupt.
So you regulate as little as possible, because you can't trust the lovely theories and you can't trust the people who implement them.
You don't shake your finger at people for being selfish. You try to build an efficient system of production out of selfish participants, by requiring transactions to be voluntary. So people are forced to play positive-sum games, because that's how they get the other party to sign the contract. With violence restrained and contracts enforced, individual selfishness can power a globally productive system.
Of course none of this works quite so well in practice as in theory, and I'm not going to go into market failures, commons problems, etc. The core argument for libertarianism is not that libertarianism would work in a perfect world, but that it degrades gracefully into real life. Or rather, degrades less awkwardly than any other known economic principle. (People who see Libertarianism as the perfect solution for perfect people, strike me as kinda missing the point of the "pragmatic distrust" thing.)
Science first came to know itself as a rebellion against trusting the word of Aristotle. If the people of that revolution had merely said, "Let us trust ourselves, not Aristotle!" they would have flashed and faded like the French Revolution.
But the Scientific Revolution lasted because—like the American Revolution—the architects propounded a stranger philosophy: "Let us trust no one! Not even ourselves!"
In the beginning came the idea that we can't just toss out Aristotle's armchair reasoning and replace it with different armchair reasoning. We need to talk to Nature, and actually listen to what It says in reply. This, itself, was a stroke of genius.
But then came the challenge of implementation. People are stubborn, and may not want to accept the verdict of experiment. Shall we shake a disapproving finger at them, and say "Naughty"?
No; we assume and accept that each individual scientist may be crazily attached to their personal theories. Nor do we assume that anyone can be trained out of this tendency—we don't try to choose Eminent Judges who are supposed to be impartial.
Instead, we try to harness the individual scientist's stubborn desire to prove their personal theory, by saying: "Make a new experimental prediction, and do the experiment. If you're right, and the experiment is replicated, you win." So long as scientists believe this is true, they have a motive to do experiments that can falsify their own theories. Only by accepting the possibility of defeat is it possible to win. And any great claim will require replication; this gives scientists a motive to be honest, on pain of great embarrassment.
And so the stubbornness of individual scientists is harnessed to produce a steady stream of knowledge at the group level. The System is somewhat more trustworthy than its parts.
Libertarianism secretly relies on most individuals being prosocial enough to tip at a restaurant they won't ever visit again. An economy of genuinely selfish human-level agents would implode. Similarly, Science relies on most scientists not committing sins so egregious that they can't rationalize them away.
To the extent that scientists believe they can promote their theories by playing academic politics—or game the statistical methods to potentially win without a chance of losing—or to the extent that nobody bothers to replicate claims—science degrades in effectiveness. But it degrades gracefully, as such things go.
The part where the successful predictions belong to the theory and theorists who originally made them, and cannot just be stolen by a theory that comes along later—without a novel experimental prediction—is an important feature of this social process.
The final upshot is that Science is not easily reconciled with probability theory. If you do a probability-theoretic calculation correctly, you're going to get the rational answer. Science doesn't trust your rationality, and it doesn't rely on your ability to use probability theory as the arbiter of truth. It wants you to set up a definitive experiment.
Regarding Science as a mere approximation to some probability-theoretic ideal of rationality... would certainly seem to be rational. There seems to be an extremely reasonable-sounding argument that Bayes's Theorem is the hidden structure that explains why Science works. But to subordinate Science to the grand schema of Bayesianism, and let Bayesianism come in and override Science's verdict when that seems appropriate, is not a trivial step!
Science is built around the assumption that you're too stupid and self-deceiving to just use Solomonoff induction. After all, if it was that simple, we wouldn't need a social process of science... right?
So, are you going to believe in faster-than-light quantum "collapse" fairies after all? Or do you think you're smarter than that?