Epistemological Resources and thinking like a money expert

Welcome to Part II of the series I’m calling “Posts that make me look smart.” Or, maybe we should call it “Posts that teach you fancy words that can help you look smart at a party.” We’re going to talk about Epistemological Resources and how a money expert uses them differently from your sucky money self.

Now, imagine yourself dropping the term Epistemological Resources at your next dinner party. Everyone will think you’re some kind of brainy-pants. Or a self-important asshole. Either way, they’ll think your something.

Previously, we looked at the smart-sounding concept of disequillibrium and how we, as humans, go about the process of learning new, more complicated stuff. In that post, I explained why you suck at money and the cognitive science that points in the direction of how to stop sucking at money.

Today, we’ll look at the equally smart sounding idea of epistemological resources and how a money expert cognitively approaches ideas in a way that is fundamentally different from how you approach them.

Specifically, I’m going to tell you about the approaches people take towards what they “know” and the processes people go through to create new knowledge for themselves. We’ll do this by looking at the research behind how experts solve problems and how “novices” solve problems.

And, since this is Beards & Money, we’ll link these concepts to money and completely disregard the entire “beards” thing. If we’re being honest, blogging about beards is hella boring while money is hella exciting. Continue reading “Epistemological Resources and thinking like a money expert”

Epistemological Resources and thinking like a money expert