I have previously written about how disappointed I was by Jerry Muller’s The Tyranny of Metrics, see here and here. Today I will look at a broader problem that his book exhibits. Namely ‘The Pseudo Profound Statement’. I see this in a lot of places not just in Muller’s work. Be Careful With A Pseudo…
Category: Decision Making
Anecdotal Evidence Is Problematic In Justifying Arguments
Jerry Muller’s book on The Tyranny of Metrics argues that metrics are overused. (I have discussed other frustrations with the book here). Muller, however, very neatly illustrates the problem with his approach. Anecdotal evidence, by this here I mean stories not rigorously detailed, is problematic in justifying an argument. Basically he throws some numbers into…
Are American Minds Coddled?
The Coddling of the American Mind, Greg Lukianoff and Jonathan Haidt‘s book, is a great read. It is full of interesting stories about where society, and universities in particular, are going wrong. I have a decent amount of sympathy with their arguments. It is important that we preserve free speech. The cost being that sometimes…
Catalysts And Persuasion: Changing Minds
I enjoy a nice book on persuasion and Jonah Berger‘s on catalysts and persuasion is certainly one of them. (They make excellent gifts at any time of the year). His prior books were enjoyable and generally illuminating. The Catalyst follows in that tradition. (Although I do think it is funny when writing one of these…
Do Generalists Triumph?
I am a marketing professor, who has been an accountant working in politics, and who was educated as an ancient historian. As such, it is perhaps no surprise that I am naturally drawn to the arguments in Range. In this David Epstein lays out his case for having a diverse range of skills. His argument…
Bayes’ Theorem And Common Sense
Today we look at Bayes’ theorem and common sense highlighting the role of prior beliefs. How Should We Think About Probabilities? There is a big rift in the way people think about probabilities. (This is in addition to he normal challenges doing the math). Events either happen or they don’t. We can think of probabilities…
Zombie Statistics & Other Advice on Dealing with Nonsense
A second post on Bergstrom and West’s enjoyable book, Calling Bullshit. They tackle the problems we face with the amount of nonsense around in the information age. The book contains much useful advice on spotting problems in black boxes and avoiding zombie statistics. You Can Spot Nonsense Even In Black Boxes I liked their advice…
Some Advice on Calling BS
There are lots of reasons to like Bergstrom and West’s book Calling Bullshit. There is just so much BS available to anyone who wants to consume it. Calling BS is a skill we all need. Calling BS BS can pose a threat to democracy if people choose their leaders based upon things that just aren’t…
Finding The Right Marketing Metrics
It is extremely challenging to get marketing metrics pieces published at top marketing journals. Indeed, a piece on finding the right marketing metrics isn’t a typical article. One challenge is that often journals want something “new”. Investigating what managers do doesn’t seem new enough. This is a real shame. I worry editorial decisions encourage the…
Regulation for Conservatives
How much the government should involve themselves in the lives of the public? This was been the theme of 2020 and the Covid crisis. Whatever your views it is unlikely you were totally happy. Die hard libertarians were not happy. Even in the most conservative of jurisdictions they could object. They could point to plenty…