I was at a dinner at the american enterprise institute in february of two thousand four. And i said, why are these people clapping? Because clearly this thing is turning into a huge fiasco. The investment that you're describing, how would you characterize it? Was it more personal, do you think? Or more political? Was the thinking more emotional, or logical, and using logic to find facts that supported the underlying argument? Well, it's its both. I mean, there's en a lot of a research in social psychology lately like this model where people just take facts and draw conclusions from them - which is completely wrong. We tend to see the world and cherry pick
There are a lot of barriers to changing your mind: ego, overconfidence, inertia — and cost. Politicians who flip-flop get mocked; family and friends who cross tribal borders are shunned. But shouldn’t we be encouraging people to change their minds? And how can we get better at it ourselves?