Psychology for Economists
20th February 2008
Steve Sailer is always worth reading.
The widespread illusion that smart people are going to be experts at life just because they’re smart is well worth debunking — we all know a lot of smart but foolish people if we stop and think about it, even aside from the obvious political candidates.
The mental ability to process and manipulate information doesn’t help when the “business rules” being applied are themselves flawed. I’m fond of drawing an analogy to role-playing games: intelligence and wisdom are almost always distinct characteristics.