You can go to Kitted K-I-T-T-E-D dot shop and use the code Smart50, SMART-50 at checkout,

and you will get half off a set of thinking superpowers in a box.

If you want to know more about what I'm talking about, check it out.

Middle of the show.

Music Check it out. Middle of the show. The Cool thing is the middle of the show.

And for the cool thing of the happy, they went fire.

Everybody.

The cool thing about the power of a gospel. Welcome to the You are not so smart podcast Welcome to the You Are Not So Smart Podcasts. Episode 338 So when Alfred Sloan was CEO of GM, he closed a meeting by asking, are there any objections to my decision?

There were no objections. So he said, well, then I propose that we postpone the decision

until the next meeting so that you have opportunities to come up with concerns.

My name is David McRaney.

This is the You Are Not So Smart podcast.

That was economist Alex Edmonds.

And Alex Edmonds is a professor of finance at London Business School.

He serves on the World Economic Forum.

He is a fellow of the British

Academy, the author of several books, and he once delivered a TED Talk that has been viewed

more than two million times titled What to Trust in a Post-Trust World. He has a new book out titled,

May Contain Lies.

And in it, he outlines something called the Ladder of Miss Inference,

which is why he is joining us on this episode.

I wanted to ask him, Alex Edmonds, about this ladder.

...