Replying to Avatar Mark Camper

One of the first economists who made sense to me.

Midwits have interpreted his Thinking Fast and Slow (and most of the Behavioral Economics) as a call to arms against the intuition and common sense.

In the subsequent years, it was almost guaranteed that any mention of the world "bias" comes hand in hand with a technocratically planned solution. Behavioral Econ became just a justification for the central planning.

Fortunately, it has phased out, and we're living in the uprising of the left curve in last years.

I think Kahneman must have been enjoying this rebalancing.
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Mark Camper 1y ago

I had some thoughts about the (mis)application of the broader concepts Kahneman/Tversky helped introduce.

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pam 1y ago

thanks for sharing! i thought the systemic bias was both an awareness and a heavily used interpretation, but i liked the breakdown of confirmation bias. I understood it better through this book called The Art of Thinking Clearly by Rold Dobelli. I felt that only recently I understood my reactions towards available heuristic, and the more awareness I had towards my actions, it helped me widen the perspective of my surroundings. I've not read his other books or Amos's pieces but i read their research papers and loved the thought processes.