Psychology and behavioral economics

For content related to psychology, how we learn, how we make decisions.

Action versus behavior

I'm a Hannah Arendt fan. She often took two words that were often used as synonyms, identified a difference, and then found meaning in that difference. For example, consider the words action and behavior:

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My proposed treatment for our COVID-19 pandemic

The impact of the COVID-19 pandemic across multiple spheres of American society is a novel event. Some have used the term black swan, Taleb's term for an event that can't be anticipated because it is outside the realm of experience. I prefer to think of it as a gray rhino, Michele Wucker's term for the big and obvious thing coming at you that you don't want to acknowledge. I think of this as a threat to our society writ large, not just as a threat to our economy or even just to public health. I think those narrow framings guarantee inadequate analysis and response.

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Wetness and whiteness (continued)


We Americans like to think (and boast) about our great experiment in Democracy: that we are a nation founded on the principle so famously expressed by Thomas Jefferson that all are created equal and endowed by God from birth with an unalienable right to life, liberty, and the pursuit of happiness.

As they say these days: not so much.

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