History has an abundance of cases that point out that "great" ideas in practice have a 99% tendency to fail exponentially. Be it investing in a pyramid scheme, getting hammered on a Sunday night, gambling, playing the lottery, or investing in crypto. In a world of complex problems it’s understandable why people reach for ideas that sound like easy solutions. But why do people keep repeating dumb ideas? In this episode, I discuss why bad ideas sound better than good ones.
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How Minds Change
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Music by: Blaize Trulson
Produced by Legacy Divisions.
Past guests on The Motivated Mind include Chris Voss, Captain Sandy, Dr. Chris Palmer, Joey Thurman, Jason Harris, Koshin Paley Ellison, Rudy Mawer, Molly Fletcher, Kristen Butler, Hasard Lee, Natasha Graziano, ⁠David Hauser⁠ and Alan Stein, Jr.