#169: The Psychology of Scam Artists & How Not to Get Duped

The Art of Manliness

Philosophy, Education, Society & Culture

4.7 • 14.8K Ratings

🗓️ 15 January 2016

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

We've probably all seen some sort of scam or fraud in the news (Bernie Madoff), or even in our email inbox (that Nigerian prince). We tend to think we're way too smart to fall for those cons and tell ourselves "That could never happen to me." Well our guest today wrote a book that says that might not be the case. Her name is Maria Konnikova and her book is called The Confidence Game: Why We Fall For It Every Time. She looks at the psychology of scams and what scam artists do to get inside our brains. And in this episode, we talk about that, as well as how to scam-proof your life.

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Transcript

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0:00.0	Music
0:15.0	Brett McKay here and welcome to another edition of the Art of Manliness Podcast.
0:18.5	So we've probably all seen some sort of scam or fraud.
0:21.5	There was the birdie made off thing a couple of years ago where lots of people got duped
0:25.1	into a Ponzi scheme.
0:27.2	The Nigerian prince, that guy in Nigerian wants to send you lots and lots of money, but
0:31.2	in order to complete the transaction, you got to wire over $100 first.
0:34.7	There's psychics.
0:36.0	There's a ton of them out there.
0:38.2	And whatever we see these things, you'll probably tell ourselves, man, those people are
0:41.7	just dumb.
0:42.7	Like, how could they fall for that?
0:43.9	How could they not see?
0:44.9	It was a fraud.
0:45.9	Like, I am way too smart.
0:48.3	That could never happen to me.
0:50.2	Well, my guest today wrote a book saying, well, that might not be the case.
0:55.0	Her name is Maria Connikova.
0:56.3	She's the author of the book, The Confidence Game, why we fall for it every time.
1:00.7	And in it, she looks at the psychology of scams and what scam artists do to get inside our
1:07.1	brains to make us convince ourselves that the scam they're selling is actually a good
1:12.4	idea and how really, really smart people, tracking doctors, experts in art fall for scams all
	...

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