The Dominance of Loss Aversion - Joe Abittan

The Dominance of Loss Aversion

Loss aversion is a dominant force in many of our individual lives and in many of our societies. At this moment, I think it is one of the greatest barriers to change and growth that our entire world needs to overcome in order to move forward to address climate change, to create more equitable and … Continue reading The Dominance of Loss Aversion

A Glitch in “Voting With Our Feet”

In the United States, we hold on to terrific myths about the power of the individual. We celebrate (mostly) entrepreneurs like Elon Musk who bring us new technologies and cool cars and we have magazines focused entirely on major business leaders whose insight and innovation power our most successful companies. We believe that individuals hold … Continue reading A Glitch in “Voting With Our Feet”

Considering the Median Centrist Voter

This morning I was listening to a recent episode of The Ezra Klein Show and Klein said something interesting in how we think about our politics. Our institutions have their own memories, which are formed and created often by the memories and available histories of the institutions members. In politics today, we have an institutional … Continue reading Considering the Median Centrist Voter

Placing Blame Rather Than Working Toward a Solution

I like to think deeply about public policy. I think there are very interesting structures and ideas that we could put in place which would help us to achieve better outcomes in our societies. The challenge, however, is that the outcomes we want to see are based on value judgement. As in, I think the … Continue reading Placing Blame Rather Than Working Toward a Solution

Countersignaling Today Through Clothing

I'm a big fan of stoicism and I also try to think about the recommendations from The Minimalists in my daily life. I try not to let material goods control me, and I try to stay away from overtly status seeking behavior. I try to be pretty content with an average used car and try … Continue reading Countersignaling Today Through Clothing

Prioritizing Complacency

I studied political science during my Masters degree at the University of Nevada, and an important thing that we discussed in our classes early on is to think of a country by thinking of its voting constituents. Governments are ideally representative of all people in a society, but in reality, they are representative mostly of … Continue reading Prioritizing Complacency

We Should Give Our Desire for Normalcy and Incrementalism More Attention

I think the idea of political stability is generally underrated and under-explored in the context of current American political discussions. We are in the midst of deep demographic changes in our country, we seem to be at a real inflection point in jobs and automation, and inaction on several major policies have driven support for … Continue reading We Should Give Our Desire for Normalcy and Incrementalism More Attention

An Illusion of Security, Stability, and Control

The online world is a very interesting place. While we frequently say that we have concerns about privacy, about how our data is being used, and about what information is publicly available to us, very few people delete their social media accounts or take real action when a data breach occurs. We have been moving … Continue reading An Illusion of Security, Stability, and Control

Everything Matches

Tyler Cowen is worried about our matching technology. We have algorithms which tell us what TV shows to watch, which books to read, what wine to drink, and what shoes to wear. We can be matched with romantic partners and music, and very often our matching gives us exactly what we wanted and were hoping … Continue reading Everything Matches

Stagnation

Tyler Cowen's book The Complacent Class challenged my thinking on a moral level that I had not expected. He argues in the book that it is morally imperative that we make efforts to increase global GDP and encourage economic productivity and development because it will raise living standards and improve people's lives at a level … Continue reading Stagnation