Finweek - English

Banking on beliefs

n their book, , Hugo Mercier and Dan Sperber write: “Two major features of the production of reasons: it is biased – people overwhelmingly find reasons that support their previous beliefs; and it is lazy – people do not carefully scrutinize their own reasons. Combined, these two traits spell disaster for the lone reasoner. As she reasons, she finds more and more arguments for her views, most of them judged to be good

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