Image Source What happens when experts fail? The answer to this question is what should be at the forefronts of the minds of anyone in the process of the creation of any organization or society. In today’s

Dr. Roger Kobbl’s talk over Expert Failure discusses the theory of experts and how experts are sometimes given too much power. He defines experts as people who are paid for their opinions within their

Image Source Dr. Roger Koppl's lecture was very eye opening about a problem I did not realize I have faced myself. I have been told many times not to believe everything I hear, however I never took the

This post is a response to the question “In the past have we given too much power to the 'experts'?” by @anniebburg. How is an “expert” defined? In Dr. Roger Koppl’s talk over Expert Failure, he defines

Image Source This entry is in response to the question, "How can we avoid giving too much power to experts?" posed by @llyran-noble. Admittedly, I have fallen victim to immediately believing

Dr. Roger Koppl in a lecture based on his book, “Expert Failure,” made several key points about human nature and experts. One main aspect that he focuses on is that experts are human and that means you

Image Source @newtonquach asked: Have we given too much power to experts in our society? Should we question them more? I believe that we simultaneously have given too much and not enough power to experts

1: Why do people expect experts in one field to also be experts outside their field? 2: What makes someone an expert? 3: How can we avoid giving too much power to experts?

Image Source What is Expert Power Expert Power is when an expert is able to sway a situation because they are so highly respected in their field of study, that no one questions them. Expert power is dangerous

Image Source This post is in response to the question “Do you think the phrase “we should value expertise, but fear expert power” is true? Is it only true for some forms of expertise, if so which ones?”

How does Dr. Koppl describe expert power? How has expert power changed with the pandemic, especially how some question the validity behind experts' opinions? Have we given too much power to experts in

Image Source Do you believe expert power always results in expert failure? Even with expert failure, do you believe the opinions of influential experts are still valuable? Have you personally seen/read

Image Source What is expert power? Why should we fear expert power? How can we differentiate between expertise and expert power?

What is the difference between expertise and expert power? Where do we draw the line? Expertise is a specific skill or knowledge in a certain aspect usually of an occupation. A common example is how there

Do you think the phrase “we should value expertise, but fear expert power” is true? Is it only true for some forms of expertise, if so which ones? What are the main differences between expertise and expert

Image Source @newtonquach asked How did the Federal Reserve and the Treasury affect the housing bubble? The federal reserve and the treasury both play bizarre roles in the housing bubble. One of their

This post is a response to the question posted my @newtonquach : "How did the Federal Reserve and the Treasury affect the housing bubble?" The 2008 Recession was caused by a whole slew of policy

This post is a response to the question “After seeing the negative effects of bailing out large companies in the past, why do you think bail outs still happen?” by @apfeff. Similar to subsidies, the federal

Image Source This entry is a response to the question, "Is there any hope that policy makers will learn from history and work to change America's path?" posed by @stonemasoner. I believe first

Image Source This post is in response to the question “Is the United States in a bubble? If so, what events led to the bubble?” posed by @haydenhirzel12 What Are Financial Bubbles? Troy Segal (2021) on