In fact, psychologists have a term for one aspect of this personal overestimation. When it comes to our estimate of our ability to get things done and our general effectiveness, a lot of us suffer from the Dunning-Kruger effect. This is a cognitive bias that we have where we think we are superior in certain activities when it turns out from a purely objective test-based basis, we suck at them. It is not unusual for people to share their opinions about weighty political and economic issues that they have absolutely no competence in. Whatever conclusion they come up with is obviously going to be defective and useless. However, that does not in any way prevent them from speaking up anyway.
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