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41. The Folly of Prediction

Freakonomics Radio

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Predictions That Work

Freakonomics: We are congenital predictors, but our predictions are often wrong. What then? How do you defend your bad predictions? Freakonomics: Philip Tetlock found that one factor was more important than any other in someone's predictive ability,. Foxes tend to be less dogmatic than Hedgehogs, which makes them better guessers.

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