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The role of cognitive biases in leading to collective stupidity, including the impact of biological hard-wiring, measurement blind spots, and social incentives.
Humanity appears “stupid” not because individuals lack capacity but because biological hard‑wiring, measurement blind spots, , and social incentives systematically conspire to produce bad collective o...
Bernie Madoff succeeded not because of a single magic trick but because he engineered a constellation of psychological levers: reputation and social proof that triggered an automatic trust response, d...