Volume 3 – Notebook #V: From “Trust Them” to “See for Yourself” – The Fast & Slow Retractions of Behavioral Economics

For new readers, please read the “Pinned Post” at the top of this Substack’s Home Page, and titled Why Use Public Peer-Review to Write a Book? - “See for Yourself”.

For returning readers & subscribers, this post provides a heads-up about a forthcoming first draft post from Volume 3 – Notebook #V: From “Trust Them” to “See for Yourself” – The Fast & Slow Retractions of Behavioral Economics

Sometimes, one comes across papers, and books so well written that other work must stop in order to read them more than once, take careful notes, and share these notes with others. Gerd Gigerenzer’s latest book, titled “The Intelligence of Intuition” is one of those books.

This book shares a quality also found in Hannah Arendt’s 1971 essay titled “Thinking and Moral Considerations”: A summary of the work of a productive life. This summary highlights the foundational sources & historical lineage, articulates the purpose, methodologies, & methods behind the original results & accomplishments, and connects the dots by revealing their meaning and impact on past, present, and future developments.

If you have the time to read books, this book should be at the top of your list. It brings together the essence of many other books about financial economics, behavioral economics, statistics, & AI in a small package of 153, well-written pages of text and illustrations.

This will be the extent of today’s post as I read, re-read, and take notes for the next post.

Developing…

“CTRI by Francois Gadenne” writes a book in three volumes, published at the rate of one two-pages section per day on Substack for public peer-review. The book connects the dots of life-enhancing practices for the next generation, free of controlling algorithms, based on the lifetime experience of a retirement age entrepreneur, & continuously updated with insights from reading Wealth, Health, & Statistics (i.e. AI/ML/LLM) research papers on behalf of large companies as the co-founder of CTRI.