Sunday, November 6, 2016

Chris Dillow — Knowledge vs rationality



Stumbling and Mumbling
Knowledge vs rationality
Chris Dillow | Investors Chronicle

3 comments:

Matthew Franko said...

"the Dunning-Kruger effect: those who don’t realize that they are ignorant."

We have a S-load of these people...

Tom Hickey said...

D-K is a major cognitive bias. It's s subset of egocentrism.

Ryan Harris said...

10 years ago compared to today, the people considered rational and informed in economics by the majority would be very different.

Maybe it is better to consider whether ideas are rational and informed rather than people.