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This story is a lesson on confirmation bias: Professors that immediately decide that the student is wrong, and must be convinced otherwise. The spreadsheet fi
by dade_ 14y ago
This story is a lesson on confirmation bias:
Professors that immediately decide that the student is wrong, and must be convinced otherwise.
The spreadsheet financial analysis that provided the expected results and therefore never checked for errors.
A single study that gave economists, and clearly an awful lot of politicians, the confirmation they needed to strengthen their resolve in the face of opposition.
- fnordfnordfnord 14y agoA single study that gave economists, and clearly an awful lot of politicians, the confirmation they needed to strengthen their resolve in the face of opposition. Confirmation bias, at least in the politicians' cases, it just provided them with extra confidence to proceed with their agenda. Well, it may have also lent them some legitimacy.
- fyi80 14y agoLent, indeed. And now they default on those loans.