Nudge

Why most bestselling business books are BS

135 snips
Feb 3, 2025
Alex Edmans, a finance professor at London Business School and author of 'May Contain Lies', delves into the pitfalls of bestselling business books. He discusses how cognitive biases, like confirmation bias, distort our understanding and acceptance of oversimplified advice. Edmans critiques popular concepts, from the Atkins diet to Simon Sinek's 'Start With Why', highlighting the danger of black-and-white thinking. He urges listeners to critically evaluate the claims made in these books and emphasizes the importance of nuanced, evidence-based insights.
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INSIGHT

Black-and-White Thinking Bias

  • Black-and-white thinking, a bias from our ancestors, simplifies complex situations.
  • This simplification can lead to misjudgments even in today's world.
ANECDOTE

Atkins Diet Example

  • The Atkins diet, which demonizes carbs, exemplifies black-and-white thinking in nutrition.
  • Its simplicity made it popular, despite being potentially harmful long-term.
INSIGHT

Nuance Over Extremes

  • Black-and-white thinking affects various topics, from Brexit to company diversity.
  • Recognizing nuances and avoiding extremes is crucial.
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