— Steve Tadelis (link)
Knowledge
No one knows anything about anything…
Once you understand that, the world makes much more sense.
— David Eifrig
The world is a complex place, and we’ve figured out very little of it… Doctors have great expertise, but the unknowns of how our body works far outweigh the knowns. The best policy advisers around the world can only offer sincere, reasoned suggestions… but no one knows what will happen in, say, the Middle East or with global trade or global climate change.
We work with the best educated guesses we can… That’s as good as it gets.
Indirect knowledge only works in your favor when it’s coupled with reason. Imagination is why you can become emotionally invested in a horror movie—reason is why you don’t scream and run out of the theater when a ghost appears on the screen. Imagination allows you to consider an outlandish conspiracy theory—reason allows you to reject it as truth.
— (link)
