unSILOed with Greg LaBlanc cover image

unSILOed with Greg LaBlanc

494. The Limits of Liberal Rationalism feat. William Davies

Dec 23, 2024
William Davies, a Professor of Politics at Goldsmiths University of London, dives into the interplay of data-driven decision-making and its implications for democracy. He discusses the erosion of public trust in elites, fueled by past crises and the rise of conspiracy theories. The conversation also addresses how advancements in behavioral economics are reshaping our understanding of happiness and prosperity, highlighting the paradox of economic growth alongside increasing dissatisfaction. Ultimately, Davies advocates for genuine well-being over superficial solutions.
52:42

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The disconnect between elites and everyday experiences has fueled skepticism about expert authority and institutional trustworthiness.
  • Behavioral economics provides insights into human decision-making but risks becoming a means of control rather than understanding complexity.

Deep dives

The Crisis of Elite Understanding

There is an ongoing crisis characterized by the inability of elites, particularly in the realms of science and economics, to grasp essential human behavior and societal trends. This disconnect raises questions about the reliability of frameworks and models that these elites rely upon, as evidenced by the global financial crisis of 2008, where flawed economic predictions led to widespread consequences. The podcast discusses how social sciences, initially intended to illuminate human behavior, have become rigid disciplines that often fail to recognize their interconnectedness. This fragmentation, coupled with the hubris of some economists believing they could single-handedly solve complex social issues, contributes to the current skepticism about expert authority in society.

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