Wednesday, August 01, 2018
Two non-listeners
Two examples of Experts not listening to themselves.
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1. Article in Antiscientific Antiamerican arguing that 'loss aversion' is not a meaningful force in economic behavior.
The author lists many instances of computerized game-theory "studies" which show that avoiding a loss doesn't matter more than achieving a gain in computerized games played by psych majors. From this set of non-correlations he concludes that loss aversion isn't important.
He then says:
To be sure it is true that big financial losses can be more impactful than big financial gains, but this is not a cognitive bias that requires a loss aversion explanation, but perfectly rational behavior. If losing $10,000 means giving up the roof over your head whereas gaining $10,000 means going on an extra vacation, it is perfectly rational to be more concerned with the loss than the gain.In other words, a REAL LIFE loss is unquestionably more influential than a REAL LIFE gain; but this doesn't matter because REAL LIFE has no connection with science. Science is solely about computer games. = = = = = 2. RT article on Spain's reversion to pure Sorosian. The new leaders of Rajoy's non-Soros party, which was defeated last month by pure Soros, are justifiably complaining. The Sorosians have a perfectly "logical" answer to the complaints:
Now, the new Popular Party leader, who replaced Mariano Rajoy only a fortnight ago, has hit out at the current Spanish government, who are seen to be a soft touch on migration. Casado stated that Spain can't "absorb millions of Africans who want to come to Europe," according to the Times, adding that "it is not possible that there are papers for all" who came to Spain on board the rescue boat. The Spanish government hit back at Casado's statement, with a spokeswoman saying Casado's suggestion that taking in the 'Aquarius' means arrivals will increase is "false."Perfect Sorosian logic. We are increasing arrivals, therefore arrivals are not increasing.
Labels: Sorosia
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