Knowing Just Enough To Be Dangerous: How Overconfidence Subverts Rational Politics

still image of Floyd Mayweather landing a hard punch on Conor McGregor in recent bout in Las Vegas

By Joel Lehman   “The fool doth think he is wise, but the wise man knows himself to be a fool.” -Shakespeare It happens every year. It’s the beginning round tryouts on the talent show American Idol, and a man confidently takes the stage, sparks in his eyes. He thinks he’s destined for greatness, this is his moment. The music starts, and with anticipation quaking, he smiles full of composure, and boldly unleashes — a cracked and cringe-worthy voice! Clearly, he can’t carry a tune if his life depended on…

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