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The notion of humans as inherently rational beings has been not only trashed in economics, but trashed in all the best research on moral decision-making.
Robert Sapolsky
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Interpretation

What this quote means

Humans are often not as rational as we believe when making decisions, especially moral ones.

Robert Sapolsky highlights that the belief in humans as inherently rational beings has been undermined not just in economics but across various studies in moral decision-making. This suggests that our decisions are often influenced by irrational factors, which challenge the idea of humans as purely logical actors.

Themes

RationalityDecision-MakingMoralityHuman BehaviorEconomics

In practice

Example use cases

In a debate about economic policies, one can use this quote to emphasize the irrationality behind certain decisions.

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I used to very politely say that if there is free will then it's in all sorts of boring places, like whether you're going to pick up this or that fork as you begin your meal. There really is none: It's all biology.
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Yes, genes are important for understanding our behavior. Incredibly important - after all, they code for every protein pertinent to brain function, endocrinology, etc., etc. But the regulation of genes is often more interesting than the genes themselves, and it's the environment that regulates genes.
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I expected social rank to be the determining factor in health, and in some ways that's true. But far more important is what sort of society that rank occurs in. Being low ranking in a benevolent troop is a hell of a lot better for your blood pressure than being low ranking in an aggressive troop.
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Quote by Robert Sapolsky | QuoteProject