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Home Page » Categories » Cognitive bias

We see the world as less random than it actually is.

Nassim Taleb
We see the world as less random than it actually is.

My hunch is that as the importance of a decision grows, the tendency to rely on quantitative analyses done by others tends to shrink. When the championship or the future of the company is on the line,...

Richard H. Thaler Misbehaving: The...
My hunch is that as the importance of a decision grows, the tendency to rely on quantitative analyses done by others tends to shrink. When the championship or the future of the company is on the line, managers tend to rely on their gut instincts.

The emotional pattern seems to be something like, "{Karl} Polanyi, a person of the left like me, says many true things, beautifully. Therefore his tales about what happened in economic history must be...

Deirdre N. McCloskey
The emotional pattern seems to be something like, "{Karl} Polanyi, a person of the left like me, says many true things, beautifully. Therefore his tales about what happened in economic history must be true." Marx before him got similar treatment. Lately the more eloquent of the environmentalists, such as Wendell Berry, get it too. People want to believe that beauty is truth. A supporting emotional frame on the left arises from the very idea of historical progress: "We must be able to do so much better than this wretched capitalism." It is not true, but it motivates.

Everyone has a worldview, and everyone is positive theirs is the correct one. I can tell you without a doubt your wrong.

Wesley Gray
Everyone has a worldview, and everyone is positive theirs is the correct one. I can tell you without a doubt your wrong.
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Today Birthdays

1916 - Francis Crick 1867 - Frank Lloyd Wright 1977 - Kanye West 1970 - Gabrielle Giffords 1925 - Barbara Bush 1947 - Sara Paretsky 1923 - Malcolm Boyd 1924 - Lyn Nofziger
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