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All Else Equal: Making Better Decisions
Ep46 "May Contain Lies" with Alex Edmans
May 30, 2024
Finance professors discuss the impact of misinformation with guest Alex Edmans, a finance professor. They explore biases in research, advocacy-driven studies, and the importance of critical thinking. The podcast delves into strategies for enhancing decision-making through cognitive diversity and promoting open debate to tackle misinformation and biases.
29:04
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Quick takeaways
- Intellectual diversity is crucial to making better decisions and avoiding biases in society.
- Addressing misinformation requires promoting critical thinking, diverse perspectives, and dissent to overcome biases.
Deep dives
Key Points from May Contain Lies Book Discussion
The discussion in the podcast revolves around a new book called May Contain Lies, authored by Alex Edmonds. The book explores the prevalence of disinformation and the challenges in decision-making amidst an overflow of misinformation from various sources. Emphasizing the impact of confirmation bias and the importance of intellectual diversity, the book highlights how societal decisions can benefit from considering diverse viewpoints and avoiding biases.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode