Tuesday, April 14, 2009

Cognitive Bias... contd

Following up on my earlier observation, the plan is to be able to 'listen' to completely polarized viewpoints. With that in mind, have subscribed to two podcasts:
1. www.econtalk.org (as libertarian as it gets ....)
2. After looking for some time for a liberal opinion (i.e. left of centre), finally settled on LSE lecture series. Not the best option, but at least it provides a counter-balance to Econtalk.

Two quick conclusions (fairly obvious):
1. Social sciences can be very, very grey - probably this is what makes it interesting.
2. In areas like economics (esp. political economics), this greyness injects a huge element of uncertainty in all decision making. Again makes for interesting intellectual stimulation - at the same time, makes public policy a complicated affair.

All this serendipity has led to a plan to start reading 'Theory of Moral Sentiments', the 'other' book that Adam Smith wrote. Essentially a broad canvas covering the entire moral, ethical and economic framework for human and social thought and action. Should be an interesting read. Econtalk is also carrying a book discussion and might join in.

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