“We propose that those with limited knowledge in a domain suffer from a dual burden: Not only do they reach mistaken conclusions and make regrettable errors, but their incompetence robs them of the ability to realize it.”
Since the wealth gap is such an important issue in the current political arena, and affects such a huge percentage of the population, perhaps we could, by extension, take this logic a step further to help us understand if the same incompetence related to opinions plays a role in financial incompetence.
Per:
