May Contain Lies: How Stories, Statistics and Studies Exploit Our Biases with Alex Edmans

In this video, economist and professor Alex Edmans discusses his latest book, "May Contain Lies: How Stories, Statistics and Studies Exploit Our Biases."

Drawing on examples from economics, finance, and politics, Edmans reveals how confirmation bias, cherry-picking, and the misuse of data can result in misinformation and poor decision-making. He also offers practical advice for becoming better at sniffing out the truth and avoiding the pitfalls of disinformation.

This conversation is a must-watch for anyone who wants to be an informed citizen in today's data-driven world. Edmans provides insights into the importance of critical thinking and statistical literacy and shares tips for how to evaluate the credibility of information and make evidence-based decisions.

Whether you're a student, a professional, or simply someone who wants to stay informed, this video is a valuable resource for learning how to navigate the complex world of information and disinformation.

 

…Readers are much more likely to remember a story than a statistic. So then how do I avoid the danger of hand-picking one story…so I wanted to write a book about misinformation, about how we need to make sure that we tame our biases and respond to evidence based on its scientific accuracy, and not whether we like these findings.

…this highlights the importance of not being swayed by one particular study, even if it's published in the top scientific journals, because even editors and peer reviewers can make mistakes.

…the solutions to misinformation are all within ourselves.

 

REFERENCES:

https://alexedmans.com/

https://alexedmans.com/books/

https://www.linkedin.com/in/aedmans/?originalSubdomain=uk

 

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