Numerous studies from the judgment and decision-making literature have demonstrated that people are prone to systematic errors on probabilistic reasoning tasks. On their face, these findings suggest that probabilistic inference is not a natural human ability. Rather, people employ shortcut strategies, such as Tversky and Kahneman's ``representativeness heuristic'', that follow a logic distinct from probability theory. This conclusion contrasts sharply with recent findings in other areas of human learning and inference, where a number of researchers have constructed successful Bayesian models of tasks ranging from concept learning, syllogistic reasoning, and hypothesis testing to causal inference, word learning and predicting the future. Are we therefore forced to conclude that people have a natural ability for probabilistic inference in every situation *except* when they are explicitly asked to manipulate probabilities? In this talk, I will first review some of my work on Bayesian models of concept learning and then try to reconcile this work with the conclusions of Tversky and Kahneman. I will argue that the representativeness heuristic, rather than being seen as an alternative to probability theory, is itself best described as a Bayesian computation, and one that is intimately related to the Bayesian computations underlying our abilities to learn concepts, words, and causal relations from examples. Time permitting, I will also discuss a parallel with Popper's arguments against probability theory as a viable logic of confirmation in scientific inquiry.