A dictionary definition of conventional wisdom is “a generally accepted theory or belief.” This definition needs a disclaimer: Widespread conventional wisdom in politics is challenged regularly by actual election results that are opposite of predicted election results. We live in an increasingly VUCA world, a world characterized by high levels of Volatility, Uncertainty, Complexity, and Ambiguity. As a result, election outcomes are decided by voters whose behavior on election day and during early voting is unpredictable and subject to change at any time until they cast their vote.
Be wary of election predictions based on widespread conventional wisdom
August 18, 2022
