Showing posts with label ignorance. Show all posts
Showing posts with label ignorance. Show all posts

Friday, November 12, 2010

Why People Fail to Recognize Their Own Incompetence

Confucius say, "Real knowledge is to know the extent of one’s ignorance"; however, apparently, insight into one's own limitations is lacking to say the least. People tend to be blissfully unaware of their own incompetence.

This lack of awareness arises because poor performers are doubly cursed: Their lack of skill deprives them not only of the ability to produce correct responses, but also of the expertise necessary to surmise that they are not producing them.
On the other hand, top performers tend to underestimate their competence. Researchers found that people's performance estimates have very little to do with objective performance and much more to do with preconceived beliefs.
People’s estimates of their performance arise, at least in part, from a top-down approach. People start with their preconceived beliefs about their skill (e.g., “I am good at logical reasoning”) and use those beliefs to estimate how well they are doing on any specific test. This strategy at first seems to be a good one—people who believe they have logical reasoning skill should have some basis for that claim—except for one fly in the ointment. People’s impressions of their intellectual and social skills often correlate only modestly, and sometimes not at all, with measures of their actual performance (Falchikov & Boud, 1989). Indeed, and perhaps more important, people just tend to hold overinflated views of their skills that cannot be justified by their objective performance (Dunning, Meyerowitz, & Holzberg, 1989; Weinstein, 1980). Therefore, preconceived notions of skill can lead people to err in their performance estimates.
This inability to recognize one's own deficiencies might explain some people's lack of effort in trying to improve their skills, or performance. It also might explain American Idol.

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Monday, December 07, 2009

Banksters Cashing In On Ignorance.

Most of us lack the financial understanding to make informed decisions about what directly affect our lives as is evidenced in recent events, in particular the subprime mortgage crisis, not to mention, the personal bankruptcies, high levels of credit card debt, lack of retirement planning, etc.

Why is this so? Well, the number one reason is that our education system completely fails to teach anything about the very thing we will all be required to manage: the almighty dollar. We need to focus our national attention to addressing this weakness in our national educational system. Fighting financial ignorance and winning this battle is our only hope.

This video should make it perfectly clear how easy it was to convince people to sign on the dotted line regarding the subprime mortgages.


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Monday, May 26, 2008

All the Bank's Fault?

Recently, while visiting Madrid, as part of a European tour including Switzerland, Germany, Italy and Spain, Warren Buffet blamed the banks for the credit crisis.

"The banks exposed themselves too much, they took on too much risk .... It's their fault. There's no need to blame anyone else",
Warren Buffet went on to say he didn't think conditions would continue to worsen in the financial markets, only general conditions in the business world and that he had no idea when an upturn would occur.

"I don't think the situation will get worse in financial markets. General conditions in the business world will get worse, but it will only last a while",
Keeping in mind, Warren Buffet may know a little more than me when it comes to the world of finance, I respectfully disagree with him. Yes, the banks are at fault but they are not the only ones at fault...far from it.

There is plenty of blame to go around including we, the American people. We let things get out of hand perceiving reality through the prism of deliberate ignorance and greed allowing politicians to gloss over the harshness of what exists objectively and in fact.

As long as we're (my loved ones and I) doing OK, we blind ourselves to those Americans who having very little to begin with and who must adapt to getting by with less and less as we not only permit but champion legislation created, amended and destroyed over the last 30 years that we thought mistakingly would line our pockets. However, now that we may be facing the grim truth we only thought applied to others, we start to tune in and find out what's going on.

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Saturday, April 05, 2008

Hook Line and Sinker

Forty years ago, Robert F. Kennedy, off the cuff, delivered the sad news to a large crowd of African Americans in Indianapolis who had gathered for a campaign event that Martin Luther King had been shot and killed. In an effort to offer comfort, he chose the following words of his favorite poet, Aeschylus,

Even in our sleep pain which cannot forget falls drop by drop upon the heart until in our own despair, against our will, comes wisdom, through the awful grace of God. - Aeschylus
Susan Jacoby, author of the new book, The Age of American Unreason, believes Robert F. Kennedy's eloquent speech that day would not take place in today's political and cultural climate. Kennedy's assumption that the audience would connect with a Greek poet from 500 BC, she says”, speaks volumes about the elevation of public expression and regard for intellectualism in that period not so long ago."

Today, Ms. Jacoby says, fear of being branded an elitist in conjunction with a fear of complexity, nuance, and sophisticated knowledge due to America's reluctance to embrace intellectualism, preferring instead to passively absorb our current media culture of 24/7 infotainment, has "dumbed down" the level of public discourse in American society. She says, "We are content to live in this "dumbed down" culture feeding on and fed by an ignorant popular culture with no room for reflection, reason, or rationality."

The Bush Administration is a result and a reflection of our content-to-be-ignorant culture and society. We, the people, wanted a president we could have a beer with at the local tap room; rather than one who might know a thing or two, or even more importantly, care to know about a thing or two.

President Bush is not one of us; rather his image was transformed so that he appears to be one of us. The American people, knowing George W. Bush was born in New Haven Connecticut, was head cheerleader at Andover Prep School, attended Yale and Harvard, and used his family connections to avoid Vietnam, swallowed the image of the "macho cowboy" hook, line and sinker. The old "wolf in sheep's clothing" trick, worked like a charm. President Bush was able to carry out his agenda of not only empowering the current elite; in addition, he was able to create an entire new class of elite, simultaneously sending our young men and women off to war under false pretense. He was able to do this by condemning those who really do want to preserve democracy and who take the time think for themselves as elitist.
One presidential candidate was a hockey player; the other was a cheerleader. One is a combat veteran from a war he tried to stop; the other avoided combat in that same war while being a vigorous cheerleader for it. Yet it is the cheerleader who is seen by many as the “real man.” A remarkably similar gender change was performed on Marlboro cigarettes a half century ago; the same marketing techniques have fooled millions of Americans about their president. - Robert S. McElvaine
It's not a question of intelligence, American people are every bit as intelligent as they were in previous generations, it's more a matter of intellectual laziness. Human beings are wired to take the easy way out if possible - I know I am anyway - and it's much easier to plug ourselves in and be entertained than it is to educate ourselves about what is going on in the world around us.

Unfortunately, absence of critical thinking has severe consequences as history has proven repeatedly. The combination of our apathy, magical thinking, distraction, and choosing not to remember the past, we have become blinded to the danger signs flashing all around us.

This is the information age...it's never been easier to get information, yet it seems people are more ignorant than ever, however; this is changing and hopefully will continue to change because we are beginning to personally experience the repercussions of our own values and apathetic attitude.

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Saturday, September 08, 2007

Why Don't We Teach Economics to Children?

Economics has never been taught to children in America, yet it is a subject that is crucial to our understanding of the American economy, way of life and almost every decision our "chosen leaders" choose to make. American citizens also need, at the very least, a basic understanding of our system of production, distribution and consumption and the way we manage our resources, such as money, materials, and labor in order to make intelligent decisions regarding personal finances.

Economics is a very complex subject and requires that our public school systems make a deliberate, organized effort to enlighten the public starting at the same age we

The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity. -Abraham Lincoln

At periods of economic crisis wealth is not destroyed it is merely transferred and currently it is being transferred to a very small percentage of already very wealthy individuals.

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance." -James Madison

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Tuesday, August 28, 2007

Ignorance is Bliss Unless you Happen to be its Victim.

According to a UN AIDS report, HIV diagnoses have been rising by around 30% each year since 1997. Many times, ignorance is causing the increase in HIV diagnoses in many remote parts of the world. The results can be horrific.

Some people with HIV/Aids in Papua New Guinea are being buried alive by their relatives, a health worker says.

"I saw three people with my own eyes. When they got very sick and people could not look after them, they buried them," she told reporters.

She described how one person called out "mama, mama" as the soil was being shoveled over their head.

Villagers told her that such action was common, she said"

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Friday, February 23, 2007

We Have to Start Paying Attention.


President Bush and the powers that be could not get away with the things they do without our "consent", even if that "consent" is without our knowledge. Consent implies that we knowingly and willingly allow for something to happen, but when our future and our children's future are at stake, ignorance is not an excuse, therefore saying and doing nothing is the same as giving our full permission.

Bush is supposed to serve "us", not the other way around, yet he feels very comfortable ruling autocratically right in front our eyes, even when everything in our Constitution makes it very clear that the President represents the people, not the other way around.

“We The People” have the power to demand accountability and transparency of the Executive branch. The Framers knew how important it was to incorporate checks and balances into our system of government preventing tyranny from becoming a possibility, but in order for the system to work properly it requires attention from the populace.

"When all government, domestic and foreign, in little as in great things, shall be drawn to Washington as the center of all power, it will render powerless the checks provided of one government on another and will become as venal and oppressive as the government from which we separated. "
- Thomas Jefferson
"Public sentiment is everything. With public sentiment nothing can fail. Without it nothing can succeed. He who molds opinion is greater than he who enacts laws."
- Abraham Lincoln
"History will have to record that the greatest tragedy of this period of social transition was not the strident clamor of the bad people, but the appalling silence of the good people."
- Martin Luther King, Jr

"The great masses of people will more easily fall victims to a big lie rather than a small one, especially if it is repeated over and over."
- Adolph Hitler

Imagine how powerful Adolph Hitler would be today with corporate run national and international media coverage, 24/7. On the other hand, if we choose, we have the technology to access alternative media coverage more than ever before, rendering anyone with an evil agenda like Adolph Hitler, impotent.



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