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You Are Not So Smart

338 - May Contain Lies - Alex Edmans (rebroadcast)

April 27, 202639 min · 6,533 words

Show notes

Alex Edmans, a professor of finance at London Business School, tells us how to avoid the Ladder of Misinference by examining how narratives, statistics, and articles can mislead, especially when they align with our preconceived notions and confirm what we believe is true, assume is true, and wish were true. Alex Edmans May Contain Lies What to Test in a Post Trust World How Minds Change David McRaney’s Twitter David McRaney’s BlueSky YANSS Twitter YANSS Facebook Newsletter Kitted Patreon

Highlighted moments

The makes sense stopping rule is a cognitive shortcut, a heuristic, by which your brain stops seeking more evidence, more sensory input, more data, more contemplation, once it reaches a conclusion, an inference, that it feels is plausible.
some evidence suggests that smarter people are more likely to fall for misinformation because the smarter you are, the more able you are to engage in what's known as motivated reasoning.
if there was an absence of concerns, it wasn't because his decision was flawless, it's because people did not have the opportunity to poke holes in it.

Transcript

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