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The Knowledge Project with Shane Parrish

#33 Dan Ariely: The Truth About Lies

The Knowledge Project with Shane Parrish

Farnam Street

Business, Investing, Entrepreneurship

4.72.9K Ratings

🗓️ 25 May 2018

⏱️ 57 minutes

🧾️ Download transcript

Summary

On this episode of the Knowledge Project, I’m joined by the fascinating Dan Ariely. Dan just about does it all. He has delivered 6 TED talks with a combined 20 million views, he’s a multiple New York Times best-selling author, a widely published researcher, and the James B Duke Professor of Psychology and Behavioral Economics at Duke University.

For the better part of three decades, Dan has been immersed in researching why humans do some of the silly, irrational things we do. And yes, as much as we’d all like to be exempt, that includes you too.

In this captivating interview, we tackle a lot of interesting topics, including:

  • The three types of decisions that control our life and how understanding our biases can help us make smarter decisions
  • How our environment plays a big role in our decision making and the small changes we can make to automatically improve our outcomes
  • The “behavioural driven” bathroom scale Dan has been working on to revolutionize weight loss
  • Which of our irrational behaviors transfer across cultures and which ones are unique to certain parts of the world (for example, find out which country is the most honest)
  • The dishonesty spectrum and why we as humans insist on flirting with the line between “honest” and “dishonest”
  • 3 sneaky mental tricks Dan uses to avoid making ego-driven decisions
  • “Pluralistic ignorance” and how it dangerously affects our actions and inactions (As a bonus, Dan shares the hilarious way he demonstrates this concept to his students on their first day of class)
  • The rule Dan created specifically for people with spinach in their teeth
  • The difference between habits, rules, and rituals, and why they are critical to shaping us into who we want to be

This was a riveting discussion and one that easily could have gone for hours. If you’ve ever wondered how you’d respond in any of these eye-opening experiments, you have to listen to this interview. If you’re anything like me, you’ll learn something new about yourself, whether you want to or not.

***

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Fernum Street Podcast called The Knowledge Project.

0:11.8

I'm your host, Shane Perish, the curator behind Fernum Street Blog, which is an online

0:16.5

community focused on mastering the best of what other people have already figured out.

0:21.0

The Knowledge Project is where we talk with interesting people to uncover the frameworks

0:24.4

you can use to learn more in less time, make better decisions, and live a happier and

0:29.7

more meaningful life.

0:30.7

On this episode, I have Dan Airelli.

0:33.6

Dan is the James B. Duke Professor of Psychology and Behavioral Economics at Duke University.

0:39.4

He publishes widely in leading scholarly journals and economics, psychology, and business.

0:44.8

His work has been featured in a variety of media outlets, including New York Times,

0:48.5

the Wall Street Journal, and the Washington Post.

0:50.6

He's the author of numerous books, including Predictably Irrational and one of my favorites,

0:56.1

the Honest Truth of a Disonistate.

0:59.1

I'm so happy to have Dan on the show, I hope you enjoy this conversation.

1:08.9

Before I get started, here's a quick word from our sponsor.

1:12.6

This episode is brought to you by InkTel.

1:15.6

Every business needs great customer service in order to stand out and gain competitive

1:19.9

advantage.

1:20.9

Yet many businesses struggle with how to provide their customers with world-class customer

1:25.0

service.

1:26.0

InkTel, contact center solutions is a turnkey solution for all of your customer care needs.

1:31.6

InkTel trains their customer service reps to know your business almost as well as you

...

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