Good news from Oxford researcher Max Roser, who lightly chided the news media to frame a headline that could suggest that more than 100,000 people left extreme poverty yesterday alone.
Newspapers could have had the headline “Number of people in extreme poverty fell by 137,000 since yesterday”
Every day in the last 25 years. pic.twitter.com/oKxco1oVHL
— Max Roser (@MaxCRoser) October 16, 2017
When doing strategic analysis, remember that framing and cognitive bias are at least as important as data when it comes to seeing opportunity versus pure risk.