Hindsight bias and overconfidence often lead us to rely too much on and common sense. a scientific attitude can more reliably us answer questions about psychological phenomena.

Hindsight bias and overconfidence often lead us to rely too much on intuition and common sense. a scientific attitude can more reliably help us answer questions about psychological phenomena.

Hindsight bias refers to the phenomenon when people perceive events that have already occurred as being more predictable that they objectively are. Hindsight bias is best avoided in scientific research since it can lead to memory distortions, irrational thinking and overconfidence in one’s beliefs. 

your answer is rising unemployment and inflation.