This classic lecture on skepticism was given by James Randi on March 22, 1992 at the inaugural session of the Distinguished Science Lecture Series hosted by Michael Shermer and presented by The Skeptics Society in California (1992–2015). The transcript for this lecture appeared in Skeptic magazine 1.1 (1992). James Randi presents an amazing first-hand analysis of astonishing claims encountered in his European visit. New-found freedoms stimulate rampant pseudoscientific practices in eastern bloc nations. With wit and wonderfully illustrative examples, Randi teaches us several lessons on the scientific investigation of unusual claims. Famed magician and investigator of paranormal claims, Randi is best selling author of The Faith Healers and Flim Flam! Randi was awarded the prestigious MacArthur Grant for his investigation of faith healers.