Episode 124: Arguing Outcomes Instead of Principles Puts the Cart Before the Horse

There appears to be a large problem in America with outcome-based thinking, particularly with regards to hot-button political issues. We skip straight to the ending we want and argue for it until we’re blue in the face, and everyone who doesn’t want the same must be evil, stupid, or both. But what if we started the conversation in a different place? What if we started it at the principles that lead to the desired outcome? Would the conversation change? James Harrigan and Antony Davies dig into the subject during their second live recording from FEEcon 2019 on this week’s episode of Words & Numbers.

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Quick hits

From janitor to Executive Vice-President

https://www.cnbc.com/2018/03/27/a-janitor-invented-flamin-hot-cheetos-and-became-a-pepsico-exec.html

Lost wallets experiment

https://www.latimes.com/science/la-sci-people-are-honest-lost-wallets-experiment-20190620-story.html

Foolishness of the week

Manufacturing czar

https://triblive.com/opinion/donald-boudreaux-save-us-from-a-manufacturing-czar/

Topic of the week: Principle and Outcome

Federal receipts are 18% of GDP

https://www.usnews.com/opinion/economic-intelligence/articles/2016-12-01/myths-and-facts-about-the-us-federal-debt

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