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EconTalk

In Defense of Intuition (with Gerd Gigerenzer)

EconTalk

Library of Economics and Liberty

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4.74.3K Ratings

🗓️ 29 December 2025

⏱️ 58 minutes

🧾️ Download transcript

Summary

Psychologist Gerd Gigerenzer explains the power of intuition, how intuition became gendered, what he thinks Kahneman and Tversky's research agenda got wrong, and why it's a mistake to place intuition and conscious thinking on opposing ends of the cognition spectrum. Topics he discusses in this wide-ranging conversation with EconTalk's Russ Roberts include what Gigerenzer calls the "bias bias"--the overemphasis on claims of irrationality, why it's better to replace "nudging" with "boosting," and the limitations of AI in its current form as a replacement for human intelligence and intuition.

Transcript

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0:00.0

Welcome to Econ Talk, Conversations for the Curious, part of the Library of Economics and Liberty.

0:07.9

I'm your host, Russ Roberts, of Sholem College in Jerusalem and Stanford University's Hoover Institution.

0:13.8

Go to EconTalk.org, where you can subscribe, comment on this episode, and find links and other information related to today's conversation.

0:21.5

You'll also find our archives with every episode we've done going back to 2006.

0:26.7

Our email address is mail at econTalk.org.

0:30.0

We'd love to hear from you.

0:36.6

Today is December 4th, 2025, and my guest is psychologist and author Gerd Gigerenser of the Max Planck

0:44.1

Plank Institute for Human Development.

0:46.4

This is Gerd's third appearance of the program.

0:49.0

He was last year in August of 2022 discussing artificial intelligence.

0:53.9

Our topic for today is his book, The Intelligence

0:57.1

of Intuition. Gerd, welcome back to Econ Talk. Oh, I'm glad to be here with you again.

1:04.3

Tell us what you mean by intuition. It's a very imprecise word to some extent, but you mean something a little more precise.

1:13.1

True.

1:14.4

Intuition is a feeling based on years of experience that comes fast into your consciousness.

1:25.1

So you feel what you should do or what you shouldn't do.

1:28.6

And a way you have no way to explain it, where it's coming from.

1:34.3

So it is not an arbitrary decision.

1:40.7

It is not a seventh or sixth sense, depending on how you count the sentences and it's also not

1:51.0

not something that only women have so everyone has intuition who has experience with a certain

1:59.9

domain or task.

2:03.9

So you mentioned women.

...

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