Vaniver comments on Rationality Quotes December 2014 - Less Wrong
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At the time, or now? Because hypnosis is a demonstrably effective treatment for some conditions, and clearly something is going on- but people vary in susceptibility and most people are familiar with the variety of hypnosis that stage magicians do rather than the type that hypnotherapists do.
At that time, though I think much of hypnosis can be explained by the placebo effect.
This isn't really an explanation.
That doesn't make it bunk.