Teppo Felin on Blindness, Rationality, and Perception

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4.7 • 4.3K Ratings

🗓️ 23 July 2018

⏱️ 65 minutes

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Summary

Teppo Felin of the University of Oxford talks with EconTalk host Russ Roberts about perception, cognition, and rationality. Felin argues that some of the standard experimental critiques of human rationality assume an omniscience that misleads us in thinking about social science and human capability. The conversation includes a discussion of the implications of different understandings of rationality for economics, entrepreneurship, and innovation.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:08.0	I'm your host, Russ Roberts, of Stanford University's Hoover Institution.
0:12.6	Our website is econtalk.org, where you can subscribe, comment on this podcast, and find
0:17.6	links and other information related to today's conversation.
0:20.5	We'll also find our archives where you can listen to every episode we've ever done going
0:24.8	back to 2006.
0:27.0	Our email address is mailadycontalk.org.
0:29.6	We'd love to hear from you.
0:33.6	Today's July 19, 2018, and before introducing to this guest, I want to mention I'm planning
0:38.2	to do at least two.
0:40.3	Econ Talk episodes in early September on the book, In the First Circle by Alexander Sosnitson.
0:46.0	So feel free to read that in advance and follow along.
0:48.8	If you'd like, I haven't decided with those are going to be regular Econ Talk episodes
0:52.6	or bonus Econ Talk episodes.
0:56.0	But if you want to be prepared for those by having read the book, now would be a good
0:59.5	time.
1:00.5	It is a 741 page read.
1:04.7	So be aware what you're getting into.
1:06.7	I announced this on Twitter yesterday, and Amazon was now sold out of the paperback.
1:11.3	The Kindle is still, if a Kindle version, of course, is still available.
1:15.8	But I recommend the paperback.
1:17.2	There's a lot of characters, and even though there's a list of characters, and you can
	...

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