In business — or in our everyday life — it would be useful to know when someone is lying. We can often spot when someone is not telling the truth, but Dr David Craig says we can significantly improve the accuracy of detection with a little training.
He has 20 years experience in criminology, with a lot of that time looking at deception detection. His work is covered in a new book Lie Catcher: Become a Human Lie Detector in Under 60 Minutes. The book includes a five-step lie detection process that we go through in this edition of BTalk. David Craig calls it his MAGIC detection process:
- Motivation. Does the person have a motivation to lie?
- Ask control questions. To establish a behavioural baseline.
- Guilt questions. Ask guilt questions.
- Indicators. Are there lying indicators in clue clusters?
- Check again. Re-examine.
The book is filled with photographs to help you understand visual clues, such as looking away, rubbing eyes or covering your mouth with your hands.
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Month-end rebalancing, China tensions and the RBA
Month end has pushed the US dollar lower, then higher in the session overnight says NAB’s Ray Attrill. Meanwhile, no news on the EU recovery fund, OPEC or the UK-EU trade deal. Plus, should markets be worried about the tensions with China?
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Who’s next for a debt crisis?
Steve Keen says we’re already seeing the consequences of the fall in Australian house prices. But will it lead to a recession? Could the consequences really be called a crisis, or will the economy absorb the shock?
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The NBN’s missing cost-benefit analysis
Has the government failed to provide a cost-benefit analysis for the National Broadband Network because it knows that, if it did, it wouldn’t stack up?
