The Dilbert Blog: On the Other Hand

The Dilbert Blog: On the Other Hand: "I studied economics in college. One thing I’ve noticed is that other people who have studied economics tend to think a similar way. Some of the similarity is probably because it takes a certain kind of person to be interested in economics in the first place. But I’m convinced that the study of economics changes brains in a way I can identify after about five minutes of conversation. In particular, I think the study of economics makes you relatively immune to cognitive dissonance.

http://en.wikipedia.org/wiki/Cognitive_dissonance

The primary skill of an economist is identifying all of the explanations for various phenomena. Cognitive dissonance is, at its core, the inability to recognize and accept other explanations. I’m oversimplifying, but you get the point. The more your brain is trained for economics, the less it is susceptible to cognitive dissonance, or so it seems.

The joke about economists is that they are always using the phrase ‘On the other hand.’ Economists are trained to recognize all sides of an argument. That seems like an easy and obvious skill, but in my experience, the general population lacks that skill. Once people take a side, they interpret any argument on the other side as absurd. In other words, they are relatively susceptible to cognitive dissonance.

Recently I saw the best case of cognitive dissonance I have ever seen. It was on Bill Maher's show, Real Time, which I love. Bill was interviewing Danish economist Bjorn Lomborg, who has a book about global warming, called 'Cool It.' The economist made the following points clearly and succinctly:

1. Global warming is real, and people are a major cause.

2. When considering the problems that global warming will cause, we shouldn't ignore the benefits of global warming, such as fewer deaths from cold. 

3. The oceans rose a foot in the last hundred years, and the world adapted, so the additional rise from global warming might not be as big a problem as people assume.

4. Developing economical fossil fuel alternatives is the only rational solution to global warming because countries such as China and India will use the cheapest fuel, period. If only the developed countries who can afford alternatives change their ways, it’s not enough to make a dent in the problem.

The Danish economist’s argument doesn't fall into the established views about global warming. He wasn't denying it is happening, or denying humans are a major cause. But he also wasn’t saying we should drive hybrid cars, since he thinks it won’t be enough to help. He thinks we need to make solar (or other alternatives) more economical. "

(Via Mankiw.)