This post is an essay by Toke Reichstein from his Substack. Here's a link to the original. The key issue is the title: "Who Gets to Decide What Matters Most?" In the course of this essay, he deploys economics at its best in trying to sort out this problem. He shows that simplistic approaches to setting … Continue reading Toke Richstein — Who Gets to Decide What Matters Most?
This essay is a stunning recent opinion piece from the New York Times. Here's a link to the original. It draws on the authors' new book, Noise: A Flaw in Human Judgment. The title tells the story. It's about how bias is not the only threat to making good judgments; there's also the problem of … Continue reading Kahneman et al — Bias Is a Big Problem. But So Is ‘Noise.’
