Thinking and Bias
Knowledge often advances when we stop overthinking, as habitual patterns can lead us to overlook hidden assumptions. Both Michael and Russ highlight the challenge of confirmation bias, noting how preconceived notions can cloud our judgment, making it difficult to reassess our beliefs. The conversation emphasizes the importance of questioning our settled presumptions to gain clearer insights.In this clip
From this podcast
EconTalk
Michael Blastland on the Hidden Half
Related Questions
I feel like the vast majority of people in our field don't actually know what they're doing but have, without realizing it, activated subconscious algorithms that have benefited them in the past and simply continue to execute them.
Is it a common phenomenon that the vast majority of people in our field activate subconscious algorithms that have benefited them in the past without realizing it, and simply continue to execute them?