
Rationality: What It Is, Why It Seems Scarce, Why It Matters
Cato Podcast
00:00
The Myside Bias
Belief should be treated not as treasures to be guarded, but as hypotheses to be tested. We all are susceptible to fallacies and biases. In an epistemic community with rules that aimd toward achieving collective rationality, one person can notice and make up for person's biases. As james madison said about constitutional democracy, ambition must be made to counter ambition. These institutions make us collectively more rational than any of us can hope to be individually.
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