Rationally Speaking #232 - Tyler Cowen on "Defending big business against its critics"
Rationally Speaking Podcast
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Betting on Beliefs: A Debate
This chapter explores the debate around using monetary bets to validate beliefs, contrasting differing perspectives on their importance. It discusses the limitations of betting in expressing personal beliefs and the implications for accountability among experts. The conversation delves into the complexities of predictive accuracy, the nature of evidence in ambiguous predictions, and the role of confidence in public betting on beliefs.
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