Famous misconception: INCOME DISTRIBUTION
The Gapminder Foundation has taken it upon themselves to fight ignorance and increase global knowledge. It is their opinion that having a fact-based view of the world today will result in better decision-making for the future. In their fascinating research, they discovered popular misconceptions, and one of them is about income distribution. It turns out we think this has only increased, whereas it has actually decreased by half. Challenges like personal bias, outdated data, and news bias have lead the public to give wrong answers to such questions, even more so than if the answers had been chosen randomly. This is why, the Gapminder Foundation gave guidelines on their TED Talk, on how to use our human intuition to our advantage and predict more accurately the current state of different situations. The results on their income distribution question, illustrates just how far off we are from understanding the reality we live in, and how uplifting it is to learn the truth! MOST THINGS ARE IMPROVING.