Summary of How Equal Do We Want the World to Be? You’d Be Surprised

Looking for the video?
We have the summary! Get the key insights in just 5 minutes.

How Equal Do We Want the World to Be? You’d Be Surprised  summary
Start getting smarter:
or see our plans

Rating

7 Overall

7 Importance

7 Innovation

7 Style


Recommendation

The three pillars of any democratic society are liberty, equality and justice. Yet while the United States promulgates democracy, the nation suffers crippling inequality. And as behavioral economist Dan Ariely has discovered, the reality is even more acute than common perceptions. Moreover, most people don’t desire an equal society. Ariely’s argument is confident and well-paced, and he reinforces his points with vivid visuals. getAbstract recommends his oration to students of law and economics, as well as concerned US citizens.

In this summary, you will learn

  • How people perceive economic inequality in America,
  • How unequal US society is in reality, and
  • What the gap between perception and reality reveals.
 

About the Speaker

Dan Ariely is a professor of psychology and behavioral economics at Duke University.

 

Summary

True objectivity is an unobtainable ideal. Human experiences taint perceptions, and expectations influence physiology. When scientists told a test group that they were taking a costly painkiller, group members reported that the drug was effective. When the researchers informed a second group that the same medicine was cheap, participants claimed the drug was ineffective. Similarly, people are opinionated about the flavor and intensity of certain beers, but in a blind taste test, subjects were unable to distinguish among beers.

Such preconceived notions and expectations manipulate human perceptions on broader issues, too. For example, consider


More on this topic

By the same author

How Can Groups Make Good Decisions?
8
What Makes Us Feel Good About Our Work
8
The (Honest) Truth About Dishonesty
8
The Upside of Irrationality
8
Predictably Irrational
9

Customers who read this summary also read

The Transformation of Tomorrow
8
CEDA Women in Leadership Series
7
Blockchain
7
Doesn't Everyone Deserve a Chance at a Good Life?
8
A Healthy Economy Should Be Designed to Thrive, Not Grow
9
How Africa Can Keep Rising
8

Related Channels

Comment on this summary

  • Avatar
  • Avatar
    Paul Glynn 4 years ago
    A really interesting way to compare something very simple (beer) with something very complex (equality) to highlight human factors