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billswift comments on Less wrong economic policy - Less Wrong
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Comments (32)
It's good that they're aware that humans often make bad decisions. But the major take-away point from that article is the quote, "The moment that you admit that, you have to start protecting people." And that's a different issue.
I wouldn't call this an encouraging awareness of bias. I call it an abuse of science to push an ideological agenda.
The bigger problem is that regulators and others in gov't are just as biased and make just as bad decisions as anyone else. And the effects are made worse by being imposed on so many others (at least some of whom would have better decisions if left to themselves).