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Lecture 2 - Factfulness
Economic Development
Hans Rosling
gapminder.org
Quiz 1
33%
It never changes!
The Destiny Instinct
This is the solution!
The Single Perspective Instinct
Dramatic Instincts
The Fear Instinct
It’s scary!
The Negativity Instinct
It’s getting worse!
The Size Instinct
It’s big!
The Blame Instinct
That’s the bad guy!
The Urgency Instinct
It’s now or never!
This poster is part of Gapminder’s free teaching resources. Gapminder is an independent Swedish foundation with no political, religious or economic affiliations. We fight devastating misconceptions with a fact-based worldview which everyone can
understand. LICENSE: Freely available under Creative Commons Attribution License. Please copy, share, modify, integrate and even sell them, as long as you mention ”Based on a free teaching material from www.gapminder.org”.
The Straight Line Instinct
It just continues!
The Generalization Instinct
They are all the same!
The gap instinct
Look at the gap!
Learn to recognize the ten common story types that often make us
misinterpret facts and see them as more dramatic than they are.
1
3
5
7
9
2
4
6
8
10
www.gapminder.org/factfulness
Rules of Thumb
Is there really a gap?
Locate the majority
TO CONTROL THE GAP INSTINCT
Would improvement get attention?
Expect negative news
TO CONTROL THE NEGATIVITY INSTINCT
Is it really dangerous?
Calculate the risk
TO CONTROL THE FEAR INSTINCT
Is it big in comparison?
Check the proportions
TO CONTROL THE SIZE INSTINCT
Isn’t it always changing slowly?
Notice slow changes
TO CONTROL THE DESTINY INSTINCT
What other solutions exist?
Use multiple tools
TO CONTROL THE SINGLE PERSPECTIVE INSTINCT
What system made this possible?
Resist pointing finger
TO CONTROL THE BLAME INSTINCT
Can we make decisions as we go?
Take small steps
TO CONTROL THE URGENCY INSTINCT
FACTFULNESS
Why would this line not bend?
Imagine bending lines
TO CONTROL THE STRAIGHT LINE INSTINCT
How are they different?
Question your categories
TO CONTROL THE GENERALIZATION INSTINCT
Control your dramatic instincts by making it a habit to always
question dramatic stories that trigger your dramatic instincts.
1
3
5
7
9
2
4
6
8
10
www.gapminder.org/factfulness
What is wealth?
Anything people
value
What is capital?
Anything people
can use to create
value
Ideas
IntellectualHumanPhysical Financial
Inventions
Culture
Entrepreneurs
The Capitals of Innovation
Innovation
Human Beings
Markets
Innovation
AValuable Invention
Market-Successful
CreateValue
Ideas
Inventions
Continuous Innovation
Poverty to Prosperity
Innovation
Ideas
Inventions
Innovation
Ideas
Inventions
Innovation
Continuous Innovation
One Time
ContinuousInnovation
Wealth in knowledge
Economic growth is learning
Prices discover value
You are not the customer
You are the product
Ads are not ads, they’re minuses
30 percent of your data is ads
1 in 1,667 get clicked on
50% are in error
1 in 3,333 are desired

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Factfulness Lecture 2 - Recognizing Dramatic Instincts

  • 1.
  • 2. Lecture 2 - Factfulness Economic Development
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  • 9. 33%
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  • 11. It never changes! The Destiny Instinct This is the solution! The Single Perspective Instinct Dramatic Instincts The Fear Instinct It’s scary! The Negativity Instinct It’s getting worse! The Size Instinct It’s big! The Blame Instinct That’s the bad guy! The Urgency Instinct It’s now or never! This poster is part of Gapminder’s free teaching resources. Gapminder is an independent Swedish foundation with no political, religious or economic affiliations. We fight devastating misconceptions with a fact-based worldview which everyone can understand. LICENSE: Freely available under Creative Commons Attribution License. Please copy, share, modify, integrate and even sell them, as long as you mention ”Based on a free teaching material from www.gapminder.org”. The Straight Line Instinct It just continues! The Generalization Instinct They are all the same! The gap instinct Look at the gap! Learn to recognize the ten common story types that often make us misinterpret facts and see them as more dramatic than they are. 1 3 5 7 9 2 4 6 8 10 www.gapminder.org/factfulness
  • 12. Rules of Thumb Is there really a gap? Locate the majority TO CONTROL THE GAP INSTINCT Would improvement get attention? Expect negative news TO CONTROL THE NEGATIVITY INSTINCT Is it really dangerous? Calculate the risk TO CONTROL THE FEAR INSTINCT Is it big in comparison? Check the proportions TO CONTROL THE SIZE INSTINCT Isn’t it always changing slowly? Notice slow changes TO CONTROL THE DESTINY INSTINCT What other solutions exist? Use multiple tools TO CONTROL THE SINGLE PERSPECTIVE INSTINCT What system made this possible? Resist pointing finger TO CONTROL THE BLAME INSTINCT Can we make decisions as we go? Take small steps TO CONTROL THE URGENCY INSTINCT FACTFULNESS Why would this line not bend? Imagine bending lines TO CONTROL THE STRAIGHT LINE INSTINCT How are they different? Question your categories TO CONTROL THE GENERALIZATION INSTINCT Control your dramatic instincts by making it a habit to always question dramatic stories that trigger your dramatic instincts. 1 3 5 7 9 2 4 6 8 10 www.gapminder.org/factfulness
  • 13. What is wealth? Anything people value
  • 14. What is capital? Anything people can use to create value
  • 17. Ideas Inventions Continuous Innovation Poverty to Prosperity Innovation Ideas Inventions Innovation Ideas Inventions Innovation
  • 19. One Time ContinuousInnovation Wealth in knowledge Economic growth is learning Prices discover value
  • 20. You are not the customer You are the product Ads are not ads, they’re minuses 30 percent of your data is ads 1 in 1,667 get clicked on 50% are in error 1 in 3,333 are desired