Not Related! A Big-Braned Podcast cover image

Democracy: Rule of the NPCs

Not Related! A Big-Braned Podcast

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The Miracle of Aggregation and the Wisdom of the Crowds

The miracle of aggregation and the wisdom of the crowds is reliant on the idea that errors always cancel out or the errors are not systematically biased. In politics, even if there's one good policy, there is also something that people want to be true as opposed to what they really believe. The way Kaplan teases apart these systematic biases he alleges people have is by looking at the survey of Americans and economists on the economy.

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