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Choiceology with Katy Milkman

The Truth Is Out There: With Guests Tania Lombrozo & Toby Ball

Choiceology with Katy Milkman

Charles Schwab

Behavioral Economics, Society & Culture, Social Sciences, Decision Making, Charles Schwab, Business, Science, Investing, Dan Heath, Katy Milkman

4.81.4K Ratings

🗓️ 9 September 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

The simplest answer isn’t always the right answer, despite how much we might want it to be.

Transcript

Click on a timestamp to play from that location

0:00.0

A new study claims air pollution is now a leading cause of lung cancer.

0:11.4

A local group is claiming that short-term rentals are to blame for the housing

0:15.4

crisis gripping London in recent years. The government's response to the

0:19.4

pandemic appears to be the main driver of the recent spike in inflation.

0:24.1

These are attention grabbing headlines.

0:26.3

They're crafted in part so we'll keep watching or listening or reading.

0:30.4

But one of the reasons they resonate is that they offer satisfyingly simple answers to complex problems

0:35.6

During the historic congressional hearing a UFO witness says he saw something that was definitely non-human

0:45.3

In this episode we look at our tendency to prefer those simple explanations even when the more complex truth is out there. I'm Dr. I'm Dr. Katie Milkman, and this is Choiceology, an original podcast from Charles Schwab.

1:04.0

It's a show about the psychology and economics behind our decisions.

1:08.0

We bring you true and surprising stories about high stakes choices,

1:12.0

and then we examine how these stories connect the latest

1:14.4

research in behavioral science. We do it all to help you make better judgments and

1:18.7

avoid costly mistakes. You see? He sees this orange object that looks to him like an eye that's opening and shutting.

1:41.0

They'd observed these three indentations, which they think are marks from where

1:46.4

a craft would have landed.

1:49.4

This is Toby.

1:50.4

My name is Toby Ball.

1:51.4

I created and hosted three seasons of a podcast called Strange Arrivals.

1:57.2

Toby is talking about something known as the Rendels from Forest incident.

2:02.1

The Rendels from Forest Incident took place over three nights. Each

2:06.4

night had multiple components, seeing things up close, seeing things in the

...

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