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More or Less: Behind the Stats

How to spot a suspicious statistic

More or Less: Behind the Stats

BBC

Business, Mathematics, Science, News Commentary, News

4.63.5K Ratings

🗓️ 21 June 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

Untruths sneak into our lives in all kinds of ways. Sometimes they’re outright lies. Blatant misinformation.

But in this episode, we’re going to talk about something else - those sneaky numbers and claims that bounce around our society and that aren’t exactly false, but are leading you down the wrong path.

That’s the subject of a book called May Contain Lies by Alex Edmans, a professor of finance at London Business School.

Tim talks to Alex about the statistical claims that might not be wrong, but aren’t right either – and how to make sure you aren’t fooled by them yourself.

Presenter: Tim Harford Producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Andrew Garratt Editor: Richard Vadon

Transcript

Click on a timestamp to play from that location

0:00.0

Before this BBC podcast kicks off, I'd like to tell you about some others you might enjoy.

0:05.1

My name's Will Wilkin and I Commission Music Podcast for the BBC.

0:08.7

It's a really cool job, but every day we get to tell the incredible stories behind songs,

0:13.5

moments and movements, stories of struggle and success, rises and falls, the funny, the ridiculous.

0:19.1

And the BBC's position, at the heart of British music

0:21.7

means we can tell those stories like no one else.

0:24.5

We were, are and always will be right there at the centre of the narrative.

0:28.6

So whether you want an insightful take on music right now

0:31.3

or a nostalgic deep dive into some of the most famous and infamous moments in music,

0:36.1

check out the music podcasts on BBC Sounds.

0:39.0

Hello and thanks for downloading the more or less podcast. We look at the numbers and statistics

0:44.0

in the news and in life, and I'm Tim Harford.

0:52.1

Untruths sneak into our lives in all kinds of ways.

0:56.1

Sometimes they're outright lies, blatant misinformation.

1:00.3

But today we're going to talk about something else.

1:03.3

Those sneaky numbers and claims that bounce around our society that aren't exactly false,

1:10.0

but are leading you down the wrong path. That's the subject

1:13.3

of a book called May Contain Lies by Alex Edmonds, a professor of finance at London Business

1:19.3

School. Let's start with a straightforwardly good piece of advice from Alex, if I do say so myself.

1:27.9

If you see a result that you want to be true, then as you say in your own book, Tim,

1:33.8

just ask how it makes you feel.

1:36.4

Because if it's something that you really are chomping at the bit to share with others on social media,

...

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