Monday, February 12, 2007

A Little Cognitive Dissonance

We talked about the theory of cognitive dissonance in class, but it's not often that you hear that phrase outside of a classroom. However, as I was driving home tonight, I heard those very words uttered on KQED radio.

Kai Ryssdal, host of NPR's Marketplace Money, was interviewing the show's economic editor, Chris Farrell. Their topic: the U.S. economy and why so many people seem to have the "economic jitters" even though most economic indicators are positive. Yes, it turns out that it all comes down to cognitive dissonance.

Want to listen? Here's the link: http://marketplacemoney.publicradio.org/display/web/2007/02/09/straight_story_the_economic_jitters/

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