Byron White talkswith Dr. Richard (Dick) Nisbett about his bookMindware: Tools for Smart Thinking. Nisbett discusseshow to frame common problems in a way that these scientific and statistical principles can be applied to them. He also suggests thebest methods for teaching others how to usepowerful problem-solving concepts including the law of large numbers, statistical regression, cost-benefit analysis, sunk costs and opportunity costs, and causation and correlationeffectively in peoples daily lives.

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