Highlights: #172 – Bryan Caplan on why you should stop reading the news
80k After Hours
00:00
The Importance of Base Rates and Rationality in Decision-Making
This chapter discusses the significance of base rates in decision-making and rationality. The hosts explore the concept of base rate nihilism, the skill of thinking in terms of base rates, and the conflict between drawing correct generalizations and making irrational choices.
Transcript
Play full episode
