Head or Heart Again

Before the election in 2025, I wrote a political post about head and heart and the role each played in our choice at the ballot box.If you speak Myers-Briggs, you might call it Left Brain/Right Brain, T or F for short. No,. that’s not true/false, it’s another dichotomy, thinking/feeling. Or sometimes reason and emotion. We could take on all of he four Myers-Briggs binaries–introvert/extrovert, Intuition/Sensing, and Judging/perceiving, and judging/perceiving, but let’s save those for another day..

We use both halves of our brains, sometimes one more than the other, although we tend to have a preferred first response. A classic example is being at the scene of the accident. The T, left-brained person sees it as a problem to be solved. Everybody out of the car? Police? Do we need a medic? Meanwhile, the right-brained F is feeling empathy and compassion and trying to offer comfort..At our best, we humans try to cover both bases. But if not, we can pair up, the left-‘brained person (more likely a man but not necessarily) can problem solve while the right-brained persons offers consolation and hope.Ultimately, everyone at the scene will engage both halves of the brain.

Challenging the assumed superiority of thinking or reasoning or logic over empathy or affection or compassion led to some useful answers to bothersome questions in multiple fields of thought. I am mainly aware of the the effect of this challenge to my own academic discipline, economics, but I am sure it has influenced other and ethics.( Or as one of my economist friends said, shouldn’t that be economics or ethics?)

The standard textbook in economics introduced the young scholar to homo economicus (economic man), the basis of a simplistic model of how we make economic decisions about money, spending, working, marrying, having children, investing, retiring. and so forth. Homo economicus has two sterling qualities. He is a fully informed master calculator who can do cost/benefit analysis in his head, or occasionally on a spreadsheet. And his sole goal is to maximize his personal self-interest, to get as much out of life as he can with the least expenditure of effort or money.or both. I personally find this person to be rather obnoxious, but I have encountered people who do seem to conform to that model much of the time….

There has always been an undercurrent in economics suggesting that the average actual human does not exactly conform to that model. That undercurrent can be traced from Adam Smith’s Theory of Moral Sentiments (a precursor to his Wealth of Nations) through Keynes’ animal spirits to Daniel Kahneman’s Thinking Fast and Slow. Kahneman’s work earned him the only Nobel prize in economics awarded to a psychologist. Back in the 19th century, Charleston Dickens satirized economic man in his novel Hard Times, in which a paterfamilias subjected his family to cost-benefit analysis of every decision and couldn’t understand why his wife gave up and his children left home at the earliest opportunity.

What were those challenges to homo economics? First of all, most of us can only acquire a limited amount of information about all the details of all t he choices we have to make every day. There goes the assumption that our hero is fully informed. In fact, we make better choices when we employ what is called bounded rationality, limiting our options to a small number.. Second, we often lack the complex calculation skills to determine which choice would most meet our needs an desires. Finally, many of us feel that there is more to life than narrow self interest. There is family. There is culture. there is community. There is play. There is being in nature. Some of the best things in life really are free! We care with and for others and they do the same. It’s called altruism, and it messes up those tidy one-person decision models concerned only the decider’s self-interest..

There are lessons in this rethinking of our model of human choice that impact public policy choices as well as our personal choices.If we rep;lace Homo economics with homo not so sapiens, we find that we may need to revise the way we present choices to citizens and taxpayers. The first Medicare drug coverage programs offered way more choices than sick people and their caregivers could adequately evaluate. People often need a default that can make a decision for them if they forget or can’t decide. Usually the default is the one that works best for the average person. Making wise choices is itself a demand on our scarce resources of time and attention that might be better–or more joyfully!–employed elsewhere

A 20th century British philosopher, Mary Midgeley, applied the same challenge to to the practices in many fields ofdeveloping “universal”;explanations, including philosophy, history, biology and ethics–even physics in its evolution from Newton to Einstein! These theoretical models must be qualified by the diversity of context and circumstance, diversity and complexity, that challenge overly simple explanations to life’s complex questions.

Lie my blog? You may like my book. Passionately Moderate: Civic Virtues and Democracy. Available from amazon in paperback and Kindle formats.

Please Don’t Tell Me Otherwise (Confirmation Bias)

As an economist, I am baffled about the discrepancy between how economists think our brains work and how other behavioral scientists, especially psychologists, offer a different view.  Economists think we are very good calculators of costs and benefits and make the best possible choices. They also assume that we make our decisions based on our understanding of what is in our best interests.  I will just look at the first of these two assumptions today, saving the second one (do we really care about anybody else?) for another blog.

Sorry , folks, while we are flattered by all this admiration from economists for our reasoning and decision-making competence, it isn’t borne out by empirical research.  Our time horizons are short. (That’s called over-discounting the future, or inability to defer gratification.)  We also get confused by too many choices and make better decisions in our own self-interest when we are offered fewer choices. (That’s called bounded rationality, as opposed to President George Bush’s excess of choices in his prescription drug program.) We do care about others, not just ourselves, and for future as well as current generations. (That’s altruism, as opposed to pure self-interest).

The psychological defect I particularly want to focus on today is our tendency to accept information that confirms what we already believe to be true and reject any news that contradicts our intuition, our gut, our vision of how things ought to be rather than how they really are. And with the help of social media, we are seeing drastic and often harmful effects of confirmation bias in our choices of all kinds.

There are three predominant sources of confirmation bias in contemporary American culture. Two are old, one is relatively new. One is a herd mentality, driven by the desire to belong. A second, related source is social segregation, taking refuge in silos of like-minded people. The third, aided and abetted by the skills of artificial intelligence in recreating “reality.y.”

Was January 6, 2021, an insurrection or a slightly overheated tourist event?  Was the economy better under Trump or under Biden?   Is selling your insurance policy to support current consumption in retirement really such a good idea? Is climate change a hoax? Is Social Security going to end in 2034? Is the opposite of being woke being asleep? Differing answers to these questions are supported multiple “alternative facts” that feed off confirmation bias.

There are no simple answers to these flaws in the workings of our otherwise amazing brains.  It’s probably a good idea to step out of your silo every now and then and give your brain a chance to regroup..  MSNBC-ers, watch Fox now and then, and vice versa.  Talk to your neighbors whose world view is different from yours and try to understand why as well as seeking common ground. Support balanced media where you can find them.

Becoming more of our own cognitive limitations is a good place to start. If we can’t be honest with ourselves, how can we be honest with each other?  Asking ourselves, for example, why we should doubt the reality of climate change should consider the self-interest of fossil fuel companies and other sources of harmful changes in the atmosphere. Climate change also caters to our short time horizons and procrastination when the benefits are long-term and the costs are immediate. Exploring, alone and with others, the underlying questions of who reaps the benefits and who bears the costs of any particular policy choice should take you a long way toward deciding what you believe to be true, and why.