I’ve been reading Nassim Taleb’s(Black Swan guy) books lately, as well as some of the work of Kahneman & Tversky (behavioral economics guys). They have lots of interesting ideas that apply to economics but also more broadly to all interactions among humans, including politics.
Here’s an outline of the two related topics I wanted to talk about and get everyone’s thoughts:
Assumption of rational actors (Nassim Taleb)
- mathematical tractability
- game theory (ludic fallacy)
Intuitive vs. rational thinking (Daniel Kahneman)
- heuristics (System 1)
- reasoning (System 2)
Please see comment below for a discussion of the figures.