We need to learn to work with political systems that are not perfect instead of taking the view: let's first fix the politics, then we'll fix the rest.
I mean, I think it's a two-way relationship: I think you should not have too much faith in your own rationality. You should not have too much faith in the rationality of, you know, anybody else either. We all learn together about the way the world is, and I think it's a sort of antidote to wishful thinking of all kinds.
Interpretation
What this quote means
Recognizing the limits of our rationality helps us understand the world better and prevents us from falling into wishful thinking.
In this quote, Abhijit Banerjee emphasizes the importance of humility regarding our own understanding and rationality, suggesting that we should be cautious not to overestimate our ability to reason correctly or judge others' reasoning processes. By acknowledging that everyone is learning together, we cultivate a more realistic perspective on the complexities of the world and counteract the dangers of wishful thinking that can distort our views.
Themes
In practice
Example use cases
In a discussion about decision-making processes, this quote can highlight the importance of considering multiple perspectives.
More from Abhijit Banerjee
All quotes →Here is an entirely banal idea that I think has the potential to change the world: Take evidence seriously. Taking evidence seriously does not mean privileging numbers over all other forms of knowledge - theories, narratives, images. Nor does it mean the kind of radical skepticism that questions everything to the point where no action is possible.
In the development business doing something for both women and the environment is the equivalent of holding a royal flush in poker.
One problem with globalisation is that bad ideas seem to travel faster than good ones; first there was smearing tomato ketchup on everything; then drinking sugar-soaked cocktails ('Cosmo'-politanism) instead of our traditional whisky soda, and now this idea that we should abandon the poor to their fate in order to protect their dignity.
Will we make all poverty history? No. But can we solve some of these extreme and egregious forms of poverty? I think yes, and we should.
The Korean government is the first to declare that if you replace people with machines you have to pay a tax. It's a tax on robots. They make private companies internalise the social cost of unemployment. Social benefit is not the same as private benefit. We have to realise this.
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All paths are the same: they lead nowhere. ... Does this path have a heart? If it does, the path is good; if it doesn't, it is of no use. Both paths lead nowhere; but one has a heart, the other doesn't. One makes for a joyful journey; as long as you follow it, you are one with it. The other will make you curse your life. One makes you strong; the other weakens you.
True terror is to wake up one morning and discover that your high school class is running the country.
Real people have trouble balancing their checkbooks, much less calculating how much they need to save for retirement; they sometimes binge on food, drink, or high-definition televisions. They are more like Homer Simpson than Mr. Spock.
If you would know who controls you see who you may not criticise.
To live past the end of your myth is a perilous thing.
When there is no mind, you are in yoga; when there is mind you are not in yoga. So you may do all the postures, but if the mind goes on functioning, if you go on thinking, you are not in yoga. Yoga is the state of no-mind. If you can be without the mind without doing any posture, you have become a perfect yogi. It has happened to many without doing any postures, and it has not happened to many who have been doing postures for many lives.