The Reason Interview With Nick Gillespie

Jim O'Shaughnessy: Don't Squander This Age of Innovation

34 snips
Feb 19, 2025
Jim O'Shaughnessy, a superstar investor and host of the Infinite Loops podcast, discusses the transformative power of free minds and markets. He highlights the lessons from his book 'Two Thoughts,' contrasting thinkers versus provers and emphasizing critical thinking. Their conversation dives into Biden's COVID-19 policies and AI regulation, speculating on a potentially fruitful second term for Trump. O'Shaughnessy also explores innovative societal solutions, suggesting a better approach to education and the pressing need to tackle rent-seeking behaviors.
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INSIGHT

Thinkers vs. Provers

  • We can think anything, but once we decide what we like, our brains try proving we're right.
  • This "prover" function seeks confirming evidence, creating cognitive biases.
INSIGHT

Believing is Seeing

  • Believing often precedes seeing, not the other way around.
  • We're motivated reasoners, seeing what we believe and struggling to see what we don't.
INSIGHT

The Great Reshuffle

  • We're living through a "Great Reshuffle" of innovation, causing discomfort.
  • Humans are wired to avoid novelty, clinging to the familiar.
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