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Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic
We're biologically programmed to respond to them. They contain a lot of information. They have social power. They connect us to other people. So they're like a kind of candy that we're fed when we consume political information, when we read novels.
Tyler Cowen • Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic
Again, we're imposing order on the mess we observe, and it's taking the same patterns, and when something is in the form of a story, often we remember it when we shouldn't.
Tyler Cowen • Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic
Pull back and say, "What are the messages, and what are the stories that no one has an incentive to tell?" and start telling yourself those, and see if any of your decisions change. That's one simple way - you can never get out of the pattern of thinking in terms of stories, but you can improve the extent to which you think in stories and make some... See more
Tyler Cowen • Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic
First, narratives tend to be too simple. The point of a narrative is to strip it way, not just into 18 minutes, but most narratives you could present in a sentence or two. So when you strip away detail, you tend to tell stories in terms of good vs. evil, whether it's a story about your own life or a story about politics. Now, some things actually a... See more
Tyler Cowen • Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic
The best stories are often the trickiest ones. The good and bad things about stories is they're a kind of filter. They take a lot of information, and they leave some of it out, and they keep some of it in. But the thing about this filter, it always leaves the same things in. You're always left with the same few simple stories.
Tyler Cowen • Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic
I'm really not sure, and I'm not here to tell you to burn your DVD player and throw out your Tolstoy. To think in terms of stories is fundamentally human. There's a Gabriel García Márquez memoir, Living to Tell the Tale, that we use stories to make sense of what we've done, to give meaning to our lives, to establish connections with other people. N... See more
Tyler Cowen • Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic
As a good rule of thumb, "When I hear a story, when should I be especially suspicious?" If you hear a story and you think, "Wow, that would make a great movie!" That's when the "uh-oh" reaction should pop in a bit more, and you should start thinking more in terms of how the whole thing is maybe a bit of a mess.
Tyler Cowen • Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic
Outsiders manipulate us using stories, and we all like to think advertising only works on the other guy, but that's not how it is. Advertising works on all of us, so if you're too attached to stories, what will happen is people selling products come along, and they will bundle their product with a story. You're like, "Hey, a free story," and you en... See more
Tyler Cowen • Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic
Do I really have to follow some kind of narrative? Can't I just live? So be more with comfortable with messy. Be more comfortable with agnostic, and I mean this about the things that make you feel good.
Tyler Cowen • Be suspicious of stories | Tyler Cowen | TEDxMidAtlantic
When we hear stories, should we be more suspicious? and what kind of stories should we be suspicious of? Again, I'm telling you it's the stories that you like the most, that you find the most rewarding, the most inspiring. The stories that don't focus on opportunity cost, or the complex, unintended consequences of human action, because that very of... See more