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The New Yorker: Why Smart People are Stupid

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Aristophanes Posted: Wed, Jun 13 2012 1:34 PM

The New Yorker: Why Smart People are Stupid

The bottom line is 50% of people fall for cognitive bias and fallacies interally compounded by introspection.

50% doesn't seem to get us anywhere..."there are two kinds of people...'

The whole article and study is suspect in my opinion.  But of course that is just my "bias...the root of my irrationality."

"The Fed does not make predictions. It makes forecasts..." - Mustang19
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