Radical Uncertainty - Mervyn King
The Joe Walker Podcast
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The Role of Bias in Behavior
Behavioral economics is based on lots of artificial experiments with no genuine context against which to appraise behavior. Much of the behavior that's described as biased is in fact entirely rational and humans are so good at that how could it be that if we've identified you know well over a hundred biases that humans are susceptible to? I would not think it wise to hand the discussions about the future relationship between the United States and China in the China South China Sea to a computer they certainly can do mathematical calculations faster than humans can.
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