Lies in Science: How a Focus on P-Values Leads to Bullshit

Lies in Science: How a Focus on P-Values Leads to Bullshit

Is the institution of science immune from misinformation? How can there be lies in science when practitioners are committed to the scientific method? In Calling Bullshit, Carl T. Bergstrom and Jevin D. West argue that science’s focus on statistical significance gives rise to bullshit for two reasons: we can easily misinterpret what statistical significance means, and we’re exposed to statistically significant findings only because of publication bias. Let’s take a close look at both of these problematic dynamics in science.

Sam Bankman-Fried Found Guilty: What It Means for Crypto

A pile of gold coins.

How did FTX’s risky practices go unchecked for so long? Can trust in the crypto industry be restored after this high-profile failure? Is meaningful regulation coming that could stabilize the volatile crypto market? The recent conviction of Sam Bankman-Fried, founder of crypto exchange FTX, highlights regulatory gaps that have long enabled risky practices in the crypto industry. Experts say the crypto industry must oust bad actors in the meantime to restore trust. Continue reading to learn how Sam Bankman-Fried’s guilt might affect the crypto world.

Calling Bullshit: The Art of Skepticism in a Data-Driven World

Calling Bullshit: The Art of Skepticism in a Data-Driven World

Do you know bullshit when you see it? What do you do about it? Should you call it out? With the proliferation of misinformation online, in the news, and even in academia, the modern world is replete with nonsense and flat-out lies. In their book Calling Bullshit, Carl T. Bergstrom and Jevin D. West contend that anyone can learn how to detect and refute bullshit in its many forms. Continue reading for an overview of this book that’s more important than ever.

Bullshit: The Problem With Big Data You Should Know About

Bullshit: The Problem With Big Data You Should Know About

What’s big data? How helpful is training data? What can make it problematic? Professors Carl T. Bergstrom and Jevin D. West are so concerned about misinformation that they wrote a book about it. In Calling Bullshit, they argue that big data can foster bullshit because it can incorporate poor training data and find illusory connections by chance. Continue reading to learn about a problem with big data that should have everyone’s attention.

The Impact of Federal Reserve Interest Rate Hikes on Americans

The Impact of Federal Reserve Interest Rate Hikes on Americans

What toll are the Federal Reserve interest rate hikes having on Americans and businesses? What are the consequences if rates continue to rise? Aggressive Federal Reserve interest rate hikes have driven borrowing costs to painful heights, jeopardizing US household and business finances. Americans are struggling with soaring mortgage, credit card, and auto loan rates, accumulating record-high credit card debt. Here’s a look at the impact the rise in interest rates is having on Americans.

Fast This Way Book Overview and Key Points

Fast This Way Book Overview and Key Points

What is Dave Asprey’s Fast This Way book about? What does Asprey have to say about intermittent fasting? In his Fast This Way book, Asprey writes about the benefits of intermittent fasting and how we can improve our health by mimicking the diets of our ancestors. These insights can support major lifestyle changes. Keep reading to discover why Dave Asprey says intermittent fasting allows you to be your best self.

The 5 Health Benefits of Intermittent Fasting, Explained

The 5 Health Benefits of Intermittent Fasting, Explained

What are the health benefits of intermittent fasting? Can intermittent fasting solve existing health problems? The five health benefits of intermittent fasting are promoting weight loss, improving body function, elevating cognitive function, enhancing workouts, and encouraging better sleep. Understanding these benefits in detail can help your confidence in trying an intermittent fasting program. Learn what the health benefits of fasting are and how to make the most of an intermittent fasting routine.

Reduction to Absurdity: A Handy Tool for Calling Bullshit

Reduction to Absurdity: A Handy Tool for Calling Bullshit

What’s a reductio ad absurdum? When and how should you use this useful logical construct? In Calling Bullshit, Carl T. Bergstrom and Jevin D. West contend that anyone can learn how to identify and refute bullshit in its many forms. One way to call bullshit is to construct a reduction to absurdity. It’s also helpful to know how to respond when someone uses a reduction to absurdity with one of your claims. Keep reading to understand this handy tool and get some practical advice on how to use it to get closer to the truth.

When Genius Failed by Roger Lowenstein: Overview

When Genius Failed by Roger Lowenstein: Overview

Why did the hedge fund LTCM fail so horribly? What can you learn from LTCM’s failure? In When Genius Failed, Roger Lowenstein explores the spectacular rise and catastrophic 1998 collapse of the hedge fund Long-Term Capital Management (LTCM). He explores the history of LTCM, how its models operated, and how its success turned into a failure. Read below for a brief overview of When Genius Failed.

Poverty, by America by Matthew Desmond: Book Overview

Poverty, by America by Matthew Desmond: Book Overview

How many Americans live in poverty? Why would a prosperous nation have impoverished people? Poverty, by America by Matthew Desmond contends that the United States has a big problem. Despite the country’s vast wealth and prosperity, it suffers from a level of poverty and inequality unseen anywhere else in the developed world. Continue reading for an overview of this new book.