Trend Following With Michael Covel

Timur Kuran is an economist, professor of economics and political Science, Gorter Family Professor in Islamic Studies at Duke University and author of “Private Truths, Public Lies: The Social Consequences of Preference Falsification.” His work spans economics, political science, history, and legal studies. Timur is responsible for coining the term “preference falsification.” So what is preference falsification? It is the act of misrepresenting ones wants because of social pressures. There is a movement going through colleges where students feel they are being suppressed. They don’t feel they can express themselves because of fear they may be called a racist, sexist, etc. Despite America being seen as a country of freedom and self-expression, 90% of students feel they cannot speak freely or engage with professors and other students in lively debate. What was the a-ha trigger moment that pushed Timur toward working on preference falsification? It happened while he was a PhD student studying economics. While lea