FanShot

"Working the land of the metricians"

14

On the question of whether bloggers know anything or should we just defer to economists with PhDs: "Kruger and Dunning (1999) find that many nonexperts tend to overestimate their abilities. ‘‘Not only do these people reach erroneous conclusions and make unfortunate choices, but their incompetence robs them of the metacognitive ability to realize it.’’" I believe Lawrence said it best in Office Space: "No. No, man. Sh-t, no, man. I believe you'd get your ass kicked sayin' something like that, man. "