Tim Harford - Four Way Interview

Photo by Frank Monks

Tim is an economist, journalist and broadcaster. He is author of the million-selling The Undercover Economist. Tim is a senior columnist at the Financial Times, and the presenter of Radio 4’s More or Less the iTunes-topping series Fifty Things That Made the Modern Economy, and the podcast Cautionary Tales. Tim has spoken at TED, PopTech and the Sydney Opera House. He is an associate member of Nuffield College, Oxford and an honorary fellow of the Royal Statistical Society. Tim was made an OBE for services to improving economic understanding in the New Year honours of 2019. His latest book is How to Make the World Add Up.

Why statistics?

Statistics tend to be viewed as a vector for misinformation - hence the popularity of Darrell Huff's book How To Lie With Statistics (said to be the most popular book about statistics ever written) and numerous modern classics such as Bad Science and Innumeracy. But statistics are also a vital tool for understanding the world. As we've seen during the pandemic, there is plenty of misinformation about, but fundamentally we haven't a hope of understand what we're up against, how dangerous it is, how it spreads or how to fight it, without using statistics.

Why this book?

The experience of the last few years has made clear what psychologists have known for years: we often think with our hearts rather than our heads. Many politically polarised issues are not about evidence, but about being a member of a political tribe. Wishful thinking, fear, and preconceptions all strongly influence the conclusions that we reach.

So while there are many excellent books about statistics out there, I wanted to approach statistical reasoning from a perspective that recognises our filters and biases. All the technical skill in the world cannot protect us from motivated reasoning, and so I wanted my book to reflect that.

What’s next?

I'm working on a new series for Radio 4, How To Vaccinate The World. A fast-moving story, with high stakes, loads of geeky science but also economics, logistics, psychology, politics and economics. And the prospect of a happy ending too.

What’s exciting you at the moment?

I'm working on the new series of my podcast Cautionary Tales - stories of things going badly awry, and the lessons we should learn as a result.

Comments

It's On You - Nick Chater and George Loewenstein *****

Going on the cover you might think this was a political polemic - and admittedly there's an element of that - but the reason it's so good is quite different. It shows how behavioural economics and social psychology have led us astray by putting the focus way too much on individuals. A particular target is the concept of nudges which (as described in Brainjacking ) have been hugely over-rated. But overall the key problem ties to another psychological concept: framing. Huge kudos to both Nick Chater and George Loewenstein - a behavioural scientist and an economics and psychology professor - for having the guts to take on the flaws in their own earlier work and that of colleagues, because they make clear just how limited and potentially dangerous is the belief that individuals changing their behaviour can solve large-scale problems. The main thesis of the book is that there are two ways to approach the major problems we face - an 'i-frame' where we focus on the individual ...

Introducing Artificial Intelligence – Henry Brighton & Howard Selina ****

It is almost impossible to rate these relentlessly hip books – they are pure marmite*. The huge Introducing … series (a vast range of books covering everything from Quantum Theory to Islam), previously known as … for Beginners , puts across the message in a style that owes as much to Terry Gilliam and pop art as it does to popular science. Pretty well every page features large graphics with speech bubbles that are supposed to emphasise the point. Funnily, Introducing Artificial Intelligence is both a good and bad example of the series. Let’s get the bad bits out of the way first. The illustrators of these books are very variable, and I didn’t particularly like the pictures here. They did add something – the illustrations in these books always have a lot of information content, rather than being window dressing – but they seemed more detached from the text and rather lacking in the oomph the best versions have. The other real problem is that...

The Laws of Thought - Tom Griffiths *****

In giving us a history of attempts to explain our thinking abilities, Tom Griffiths demonstrates an excellent ability to pitch information just right for the informed general reader. We begin with Aristotelian logic and the way Boole and others transformed it into a kind of arithmetic before a first introduction of computing and theories of language. Griffiths covers a surprising amount of ground - we don't just get, for instance, the obvious figures of Turing, von Neumann and Shannon, but the interaction between the computing pioneers and those concerned with trying to understand the way we think - for example in the work of Jerome Bruner, of whom I confess I'd never heard. This would prove to be the case with a whole host of people who have made interesting contributions to the understanding of human thought processes. Sometimes their theories were contradictory - this isn't an easy field to successfully observe - but always they were interesting. But for me, at least, ...

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