The middleware of democracy. Or from knowledge to wisdom: or at least knowledge 2.0
Simon Heffer's High Minds presents us with a portrait of the mid-Victorians in which they consciously set about building the world which became ours. A...
Thoughts on “Thinking, fast and slow”
I couldn’t resist buying a copy of Daniel Kahneman’s best-seller when returning from holidays. Several friends and colleagues told me it was a great book;...
If our models are correct, then people are smarter than we realised!
Whilst making pies yesterday I happened to recall a sentence I read 7 or so years ago, which suddenly struck me as very silly. So...
Economists as engineers and humbler, better scientists
Here's a paragraph I wrote about fifteen years ago. The culture of economic expertise places inadequate weight on integrating insights from multiple perspectives, that it...
Counteracting our biases
In an earlier post, and one of a series by me and subsequently Ken as well, I suggested that an important part of any professional...
Why good thoughts block better ones: Cognitive biases and the psychopathology of knowledge
Keynes famously said that the hardest part of coming up with the General Theory was not coming up with the new ideas so much as...