Motley Fool Money - Malcolm Gladwell, Social Engineering and The Magic Third
Episode Date: February 22, 2025If you haven’t changed your mind on anything in the past two decades, you should reconsider your beliefs. Malcolm Gladwell’s latest book is Revenge of the Tipping Point: Overstories, Superspread...ers, and the Rise of Social Engineering and he is the host of the podcast Revisionist History. Dylan Lewis caught up with Gladwell for a conversation about: - How social engineering effects your life. - Why real diversity can prevent leaders from doing stupid things. - The demand to return to more in-person experiences. Host: Dylan Lewis Guest: Malcolm Gladwell Producer:Ricky Mulvey Engineer: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices
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There's some great work done in military decision making, like the famous study of the Bay of Pigs.
Why did Kennedy do something so unbelievably stupid in the Bay of Pigs invasion in 1962, I guess it was, 61?
And the answer is that he had no diversity whatsoever in his group of advisors.
Not ethnic or genuidiversity.
That was the 60s.
They're all those going to be white men.
But like, everybody thought the same.
I'm Ricky Mulvey and that's Malcolm Gladwell.
He's the bestselling author of Outliers and Blink
and host of the podcast Revisionist History.
His latest book is Revenge of the Tipping Point,
Overstories, Super Spreaders, and the Rise of Social Engineering.
My co-host, Dylan Lewis, caught up with Gladwell
for a conversation about the book,
why the 1990s were a more optimistic time than today,
how entrepreneurs could rethink insurance,
and why Gladwell only checks his investments once a year.
I think when I originally read the tipping point and when I went back to it in prep for this conversation,
was struck by this idea that the book is very optimistic in its outlook.
And it's very much about small ways to create larger change.
And revenge in the title here has a bit of a different connotation to it.
And on the one hand, I mean, I think it's a little bit of the era we're in.
We have so many reasons to be very optimistic.
We have AI as this kind of magic type technology.
We have just addressed a worldwide pandemic in record time.
That's incredible.
But it feels like even underneath some of those more reasons to be optimistic,
there's a lot of distrust, there's a lot of differing public opinions.
You get into this idea of the overstory in the book.
It's kind of meta-narrative.
What do you feel like that is right now?
And what do you think is versus what it was when you wrote the tipping point originally?
Well, I think when I wrote the tipping point originally,
which was in the late 90s, we were in an unusually optimistic moment.
Every major social problem was in steep decline.
You know, when the 90s began, if you asked Americans what the biggest problems in the country would have been,
they would have said crime, teenage pregnancy, youth smoking.
By the end of the 90s, those are all vanishing from,
I mean, teen pregnancy drops precipitously.
Teenage smoking, you used to be this thing
that everyone was fretting about.
Teens just stopped smoking.
And then crime in New York City was a tiny fraction
by the early odds of what it had been in the early 90s.
And then you had the end of the Cold War.
You had the Clinton presidency in retrospect
was in America a kind of unbelievably calm,
unruffled moment where the single biggest scandal was the president had fooled around with one of
his interns. I mean, that was it. Like today, like, that just seems ridiculous. I don't even know
whether that would even get a headline today. So, you know, that was the context in which I was
writing the book, and I couldn't help to have been swept up in that kind of euphoria about the future.
What do you think that outlook is now?
I think simply that there is an absence. If in the 90s we were all agreed on the fact that
things were going well, I think today we're not agreed on anything. You know, that you can, as you
just said, as plausibly make a case that things are going well as you can make a case that
things are going disastrously. Either AI is going to save us or it'll doom us. Either Trump is
going to fix the federal government or he's going to destroy it. I mean, I could just go on. It
seems like we're either on the verge of a golden age of medicine or we're going to get swamped by,
you know, another virus coming down a pike. Like it's, I mean, it's just like, it's just really
hard to get a handle. There's so much uncertainty, I guess. It's hard to get a handle on what happens
next. I read the book and I also listened to the audiobook for portions. And when I was listening to
the audio book, there was a line I heard you deliver. I paused and I kind of went back and
really sat with it for a second. It was, if you don't think social engineering has quietly
become one of the central activities of the American establishment, you haven't been paying
attention. And I think that line was talking about the Ivy League admissions, but I can't
help but sit with that line and that feeling of unease that we were just talking about and
wondering if those are related, if that's part of it.
I think it has occurred to a sector of American society that they have more power than they
realized or at least more ability to shape their own destinies.
So if you're a super rich person, you actually can go to Washington and just get everyone
to do what you want them to do by doling out large sums of money.
Or if you're an elite school and you would like to protect the interest of a certain cultural group, you can actually do that.
You know, and you can sort of work the system in a way.
Or if you're Purdue Pharmaceutical and you would like to peddle a very dangerous drug, you can actually buy a clever use of, you know, databases of doctors prescribing behavior and clever deployment of your.
your sales staff, you can do that and create a monster bestseller and become billionaires.
And even after you've got caught, not go to jail.
Like, I think what the last generation has done has emboldened those at the top that they can get what they want.
And that seems to me, it seems to me there was a little more modesty in the top tier, a generation before.
maybe it didn't occur to them.
They could spread their wings in this way.
And that goes hand in love with the kind of money,
those at the top have been able to accumulate in the last 10 years,
which has been kind of extraordinary, right?
Staggering, yeah.
The key term, I guess, in that line was social engineering.
It's part of the book.
And it feels like that social engineering in 2000,
more positive view.
Social engineering now, you mentioned the Purdue Pharma example.
That's a very large part of the book.
That is McKinsey consultants going out and trying to inflect for a very specific reason.
Is it that social engineering is not necessarily good or bad?
It's just a means at this point.
And it's kind of whoever can grasp it and sees it.
Yeah, I mean, it is simply the understanding that,
through intentional and deliberate means,
you can affect a broad social outcome.
And we've always, you know,
we always hold that you can,
that that happens unintentionally, accidentally,
coincidentally, a side effect of some other thing,
but social engineering is where you think,
oh, I can pull the strings myself.
In, when we talk about social engineering historically,
we have to talk about failed attempts,
the failure of like eugenics,
in the 20s. It's an idea that gets bandied about. It doesn't actually go anywhere. They don't,
they run up against all. And then Hitler comes and the whole enterprise gets fatally compromised.
But now I sort of feel like, to the point I was making earlier, there is a feeling that you can,
you know, manipulate. I mean, look at the kind of, if you look at the way that the social media
algorithms have been built, they've been astonishing.
successful and they've been built deliberately that people thought oh can I engineer
people's attention on things like Facebook or you know what have you TikTok or what
have you and the initial internal answer was absolutely here's how you do it's like oh
okay like that's a kind of there's no veil here right that's not that's not like
lifetime magazine in 1965 sending out a little card that fell out of your magazine to
told you to subscribe, right? We're talking about a whole different level of intentionality.
Yeah, I wanted to ask you about the digital element of things, because a lot of the examples
you go through in the book are rooted in a physical space. There's a look at cities,
there's a look at specific states, the way that medical treatment differs or local attitudes
kind of shape the way that people act. In what ways are the rules similar or different when we
start going to these kind of borderless online spaces.
Yeah.
I'm not sure you know the answer to that question.
You know, I'm not terribly interested in the book in borderless online spaces.
In fact, I spend no time on them whatsoever, partly because I feel like that's all we talk
about these days.
And so we were in this weird situation where we've come to kind of venerate the digital world
and forget about the physical world, whereas I think the physical world still is an extraordinarily
really powerful mediator of who we are and how we behave.
And that maybe what we're doing with our digital worlds
is simply reconstructing versions of our physical world.
So I don't, I don't know.
Like when I look at my Twitter feed,
my Twitter feed is made up of people who I would
have wanted to be, would have been interested
in the absence of Twitter, right?
I would have, in a previous role, I would have checked the books of those people I follow out of a library or read articles that they had written in magazines.
Now I get a Twitter post alerting me to their substack.
Like, I'm replicating my experience, not challenging it.
I'm not following tons of people who live in Egypt or South Africa or Venezuela, right?
I mean, I am following a few people who live in Ukraine, but that's about it, right?
that happens to be a war going on there, which I would have been doing, you know, regardless.
So it's like, I don't know.
Am I typical?
I don't know.
I'm struck by how little my, I can see how my intellectual life has been rendered more efficient in the digital age.
But I'm not convinced it has been qualitatively changed.
I think there are a lot of people who are excited to get back to a more in-person life that are happy to hear you say that.
Yeah.
I was reading someone writing an article about AI's impact on education, and the article said,
if you're in education, you need to justify immediately or prove immediately whether what you do cannot be done better by an AI.
And if you can't prove that, then you're going to be out of a job soon.
And nowhere in this entire article did it mention the fact that someone might prefer to learn from another human being.
or that it might be some value in that.
I'm not being a Luddite when I say that
because I do believe there's many opportunities
where you don't need another human being to learn.
But what struck me was the absence of the idea
that there was anything particularly important
about face-to-face interaction when it comes to learning.
So if the AI can give me a more comprehensive
and up-to-date and thoughtful history of Germany
between the World Wars,
Does that mean I should always rather value the AI version of it
over going to a lecture or a seminar with a professor
who talks to me about Germany between the two worlds?
I find it weird that you would judge the in-person interaction
purely on the basis of the kind of intellectual weight of the content
and not on the importance of the social interaction
that takes place underneath that learning.
Right?
Yeah.
Do I, no one talked about, do I retain ideas more
when they're attached to a person?
You know, maybe I do.
Retention is a huge issue, right?
If the value of any learning experience
is hugely wound up in how long that experience persists with you,
if it goes away the next day, well, what's the point?
I don't care how good it was.
But if you remember, and when I think about
on my college experience, what I remember is learning
in its social context.
And then my professor said this.
And then the TA rebuked me and said this, right?
That's what I remember.
Now, will I remember that if I was taught by an AI?
I'm not sure.
There's a sense of community and, you know, campus life to that too.
And I'm curious, did the loneliness epidemic,
was that something that you would have wanted to dive into more with this book
or thought about bringing into the conversation?
because it's, I mean, it's not surprising that it's such a large topic with COVID.
I think 2020 to 2022, no one's surprised to be hearing that that's something that a lot of people
were really struggling with.
But I don't know how much progress we've really made in helping write that for people in the years
where we've been a little bit more back.
Yeah.
When I was starting to write this book at the end, the tail end of COVID, I wasn't sure I understood
entirely what that meant.
it seemed to me very specific. The experiences of people during COVID seem to me to be highly
idiosyncratic and specific to their position in the world and that the experience of a 14-year-old
who couldn't go to high school or a 20-year-old who lost their sophomore year in college
was profoundly different from the experience of a 60-year-old who got to stay home in their
home, work out of their home office for a year and a half and was.
insanely productive and saw a lot of their wife and was very happy.
Right?
So I just didn't know, I think I resisted the temptation to generalize.
When I hear the phrase of learning this epidemic, I feel there's a generalization
looking in there, and I wasn't sure the generalization was warranted.
I think you're probably one of the first people to reflect on COVID in a book where
where people really felt like there was enough time and distance for it to make sense.
You know, five years since early cases, I think is a healthy enough distance that people are
ready for that message again.
We're going to be seeing a ton of stories, articles, coverage as we pass a lot of these
anniversaries.
And I'm sure for, you know, that next five, ten, hundred years, it'll probably be something
that people spend a lot of time studying.
Where would you like to see more of that discussion and more of that focus as we look
back and kind of do these retrospectives on this crazy kind of unprecedented period in a lot of ways.
Well, understanding, you know, the key to a lot of policy, I think, is understanding the
diversity of human responses to COVID. So I touch on one piece of that in my chapter on COVID
in the book where I talk about the fact that the assumption we had that everybody was bearing an
equal risk of passing on the virus to others is completely false and that a tiny portion of
people are really the ones who do all the job of spreading. And if you know who that tiny portion is,
then you simplify your attack on COVID. But I would generalize from that and say that an enormous
amount of the political and social dislocation from the epidemic was caused by the assumption
that children were at risk or equally at risk for the virus. And that's why so many schools were
shut down in so many places and it was the shutting down to the schools that was so incredibly
divisive. And if that, if we better understood how at risk children were for a viral epidemic
like this, we could have had a lot smarter policy on school. And if we kept schools open far more,
I think the kind of fallout from the political reaction to the virus would have been a lot less.
And so that's sort of one area where I feel like if we can sort that out for next time, we'll be doing well.
So this language we had that we are all equally at risk, we are all equally to blame, we all need to equally take precautions.
It just doesn't work. It's not, it doesn't ring true to people and correctly doesn't ring, because that's not, it isn't true.
And I don't think you will be able to pull that off a second time.
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You touched on the idea of like the law of the few and the super spreader concepts that come up in the book.
I felt personally seen by a line that you had in there.
He said moving from a position that a problem belongs to all of us to the position that a problem is caused by a few.
It's a very difficult thing to do.
And this is going to sound like a non sequitur, but I promise I'm going to bring it around.
I have a rat problem on my block.
Washington, D.C.
And the city has a program where if you petition your neighbors, you can get the city to come
out and do treatment if people sign on for the block.
That happened recently.
And everyone's complaining about this rat problem on the block.
The city comes, they check for boroughs.
The five properties that have the most boroughs account for 90% of the boroughs on this block
that has 40 or 50 houses on it.
they are driving or they're hosting a lot of the rat activity on this block.
I know this, and I now know the hotspots on our block.
And I am left with this quandary here of, do I tell my neighbors that it's these five addresses?
Yeah.
Or, you know, does it continue to be this block-wide problem?
And I don't have the answer.
I'm trying to work through a little bit.
Why do those five houses have so many rap burrows?
I think it's a variety of things.
I think some of it is unfortunate luck because some of them are near these places that don't
have a lot of activity and are very welcoming to rats.
I think some of them are because they've left some things that rats enjoy hanging out
with out in their backyard or they don't move a car very often, you know, there's a shed
for them to hide under, things like that.
And I'm left with that.
Block this.
It's in Columbia Heights in D.C.
I used to live, I lived 10 years.
in D.C. So this is all. Not far from Columbia Heights. I lived in Mount Pleasant and Adams-Morgan.
I was just in Adams-Morgan earlier today.
I have to avoid this block. I want to avoid this block. That's how I'm sorry. Yeah, don't
park your car over near me. There you'll wind up with rats in your engine bay. But yeah,
I'm left with this uncomfortable tension of, you know, what we all want here is for the rats to go
away. And we can be aware of that on some level by everyone trying to do the best they can. But we know
at this point that there are five properties where most of them are hanging out. And that's really
where we need to zero in on treatment for this thing. The city, the burden shouldn't be on you.
The city should say the rap problem is centered on five properties. You guys got to clean it up.
Like someone else, the problem is that if you make that statement, then you're fraying the social fabric of the block.
It is this, so this is a crucial part of the kind of why it's so hard for us to identify these kind of bad apple problems.
Because if the wrong person is left with the responsibility of labeling the bad apple, then it backfires.
Right. You have to be the bad guy.
You have to have the, you've got to pick the right bad guy to share the news that it's 176.
I'm going to reach out to Washington, D.C. and tell him Malcolm Gladwell, told me that they need to be the bad guy for this one.
No, the city should be the bad guy. That's like, it's obvious. Like, you can't be left to your neighbor to say, you guys got a rat problem.
That's the role of government, right? It's to step in and intervene.
I mean, there are some other concepts that pop up that I want to touch on because I think
they're very relevant to our audience.
The magic third is one of them.
And this need for a critical mass for minority groups to exist in order to feel comfortable
to be able to participate and to really have input on a group.
And, you know, for our audience, you know, we spent a lot of time thinking about things like
corporate boards and whether we're getting good independent thought, whether there's
push back for management. What is something like the Magic Third look like when you're thinking
about a group of maybe five or seven or nine people that are working with a management team?
Well, the whole point of the idea of the Magic Third is, as you know, that true diversity
requires critical mass. You can't have a group of nine people on a corporate board,
bring in one woman and expect that woman to be heard in for her perspective.
to be widely respected and for her to feel comfortable even in, you know, our experience with the
kind of integration of boards is that you need two or need three at least on a board of, say,
nine before that group can be themselves and can really bring their different perspective to bear
on the overall perspective of the board. And this has been observed across many different contexts
that there's a huge difference between a token,
one different person in a group,
and a group of outsiders whose numbers have reached the point
where they no longer feel to themselves
and to others as outsiders.
And I think this is super crucial
because what you want is keeping the corporate boards
in focus here,
their crucial function is to provide a kind of,
not necessarily countervailing,
but to provide a level of judgment and consideration and counsel
to the company management that the company management
would not otherwise be able to access, right?
And you defeat the purpose of a corporate board
if the breadth of your intellectual diversity is stunted.
And what the magic third tells us is how to avoid that kind of
token representation of kind of meaningless, meaningless diversity. And I think it's also true,
by the way, if you think about diversity in the context of schools and their admissions,
I'm not just talking in racial terms, but broadly speaking, I have a school, I think it'll be
really useful educationally for the students in my school to be exposed to a wide variety of
viewpoints. Well, if you want to do that, you can't just bring in one black kid and one poor kid
and one right-wing kid and call it a day,
you have to pay really, really close attention
to what the numbers are.
And that's something that schools, for example,
have been very reluctant to do,
I would argue, have deliberately avoided doing
because they don't actually want
to disrupt the culture in that way.
But I think it's hugely necessary.
There's some great work done in military decision-making,
like the famous study of the Bay of Pigs.
Why did Kennedy do something
so unbelievably stupid in the Pigsimdasion in 1962, I guess it was, 61.
And the answer is that he had no diversity whatsoever in his group of advisors.
Not ethnic or genuidiversity, that was, it's the 60s, or all of it was going to be white men.
But like, everybody thought the same.
And like the one guy who didn't think like everybody else was just one guy and couldn't speak up.
You know, so it's like, as a result, they march in lockstep off a cliff.
and that's not what you want from your National Security Council, right?
In the room, when you're deciding whether to invade Iran,
you would like to have more than one person who raises their hand and says,
I want you guys to think about this, this, and this, right?
Yeah, even if it doesn't change the trajectory of the decision,
it changes the way you approach the decision and what you prepare for.
It changes the nature, the characteristics of the decision.
Maybe we do this, but we do this later.
Maybe we do this other thing first.
Maybe we think through this part, you know, blah, blah, blah.
In other words, creating an intellectually diverse group requires a degree of deliberate social engineering that I think we are underestimating.
We were talking a little about overstories before, and we're a show focused on business and the stock market.
And so I'm curious, I know it's not a place, but it's,
it's a community and it's a space in a way.
What do you see as the overstory right now in the financial markets and investing here in the U.S.?
Oh, wow.
Or do you see one?
I mean, my problem is I wouldn't know, even if one existed.
I'm not sort of, I'm always amused by people who speak about the markets as if there are a person sitting in an office somewhere who you can call up.
markets declined today on anxiety about General Motors earnings.
Really? You know that?
Like you asked the market and the market said,
oh, I'm nervous about General Motors?
And that was struck me as a kind of,
as opposed to saying the markets declined today
for reasons we can only guess at,
maybe it was General Motors earnings.
That seems like a, the degree to which the market
is over-narrativeized has always seemed to be very, very problematic.
And I think one of the first characteristics
of a good investment,
is that they understand that those narratives are made up,
and that leads them to either ignore them or exploit them, right?
There's two things you can do when you realize that something is phony.
You could exploit the phoniness, or you can ignore it.
And I think that's what smart investors do.
They understand, oh, okay, so there's this crazy narrative out there
that says, this, this, this, this, this, well, that means that this must be overpriced
or this must be underpriced.
The other version is to be Warren Buffett and just say, F it, I'm,
I'm investing for the next 30 years.
Has the way that you invested changed over the last 25 years?
Well, I, you know, for a long time I had a Schwab account where I would make highly speculative, very small investments for fun.
And after almost without exception losing money in those trades for 15 years, I finally gave it up.
And now I'm Mr. Index Fund.
I have turned my back on that game.
I bet you sleep a little bit better.
Well, I also do a thing where I only check my balances once here.
So that's like a system you've put in place knowing yourself?
Yeah, it's like, what's the point?
I'm not, you know, I'm not, when I retire, I'll check them broth.
I'm not using the money yet.
I'm not retiring.
So why would I bother checking it until I'm retired?
Doesn't make any difference.
I would only boast about one thing.
Oh, I'd love to hear you boast.
I have two moments of extraordinary market appreciates.
I went immediately prior to the 2008 meltdown, I went 100% cash.
I sold every single equity I owned.
What told you to do that at the time?
I don't know.
I just thought of singing frothy.
Yeah.
And then in December of 2019, two months before COVID, I bought a very large short on a stock market.
Okay.
Which I cashed into great effect several months later.
Anything you'd like to tell us about the future?
Thank you very much.
I can retire on those two things alone.
If you make any big moves anytime soon, just give us a heads up, all right?
Well, it's because I knew, because I've been writing it by viruses for years, I knew a bunch of virologists.
And I was chatting with one at the end of 2019.
I was like, how serious is this?
SARS thing in China?
They're like, oh, it's serious.
It's like, oh, okay.
And then in, so I bought the short,
and then I called them up and I was like,
so now that we know what this thing is,
is it a hard target?
Like, is it, like, no, it's totally easy.
We'll have a vaccine in no time.
Like, oh, okay.
So then I made sure I cashed it in before.
But that's like, that lightning,
that's like a stop clock is right once a day.
It's never happening again.
I think that's a great track record.
to end it on right there.
I think if you stay indexed after that, I think you're golden.
I don't spend nearly as much time looking at things like epidemics as you do, obviously.
But I've followed, you know, folks like John Oliver and other folks talking a little bit about kind of the next epidemic and the next kind of viral epidemic and more health-oriented epidemic.
And this idea that it's possible, maybe even likely, that they will become more likely because of a lot of the,
the conditions around how humans and animals live a little bit closer together, we're treading
into areas that have traditionally been wildlife areas.
What do you think of that?
Probably true.
Yeah.
But I mean, at the same time, our ability to respond quickly to them has gone up by several
orders of magnitude.
So, you know, in some ways, I think we'll see a greater frequency of pandemics with smaller
impacts. That's how I would characterize it. There's a version of where we get, we really, really,
really, really get good at rapid response to these things. When I see rapid response, I mean,
everything from identifying the new target to more importantly, being able to ramp up manufacture
of a vaccine, that it's possible to conceive of like, you know, the manufacturing capacity
sitting at idle waiting to be like turned on when we find something. I suspect that's where
it will end up. In fact, it wouldn't surprise me. A very good business to have would be someone
to develop a boutique MRNA vaccine manufacturer where you have that response on idle. Something
new comes in and for an extraordinary sum of money you crank out the first wave of vaccines.
Someone's going to do that. You might have just given away your
next best idea. I don't know. Why would you not do that? So you basically, people invest in you as
next pandemic insurance, right? And you say, so you say the premium is a hundred grand. So every
billionaire says, oh, for a hundred grand, I can insure myself against the next. You get like a thousand
billionaires to give you a hundred grand. And you create a factory, just sitting there,
dov, uniddle. And like you, every time something pops up, you just,
crank out of vaccine waiting, right?
And you give your subscription list access to it.
And then if the thing's real,
then you've prototyped the mass application.
So then you license what you developed
to some mass manufacturer who makes it everybody else.
That's a great business.
Insurance, why is insurance only like paying off money?
The idea of insurance is so intellectually impoverished.
These guys have no imagination.
No, insurance should be about a whole bunch
things. You should be able to buy vaccine insurance. It's just not that hard.
Yeah. So it's risk mitigation, period, not financial risk mitigation. Exactly. It is
biological risk mitigation. You buy a policy and those guys, they're constantly pinging you.
We've seen this new variant of avian flu in China. You want a vaccine? We'll FedEx it to you.
I love how you went from, we have this boutique product, ultra-high net worth individuals,
to go to market, mass market product in a matter of about 60 seconds.
And it was a relatively tight business plan.
No, but that's the whole idea, right?
You're prototyping.
If the government is not going to do it, and they're, you know,
who are systematically gutting every government capacity, then some bright-eyed, you know,
because there's a universe of people in the world that's very large who have too much money.
so just shake them down for a premium
and you could fund the whole operation.
They want to live forever, all those Silicon Valley guys.
All right, pony up, buddy.
I'll help you live forever.
So that might be how we get ahead of the next pandemic.
We'll worry about that when it hits.
But every time I have an author on the show,
I have to ask, do you have something in the works?
Is there a next book planned or a new topic
that you're interested in focusing on?
Just a bunch of podcasts.
I'm doing a George Floyd retrospective.
I'm doing a little thing about RFK Jr.,
about how crazy he is.
I'm doing, and then a big thing about a capital case,
a murder case in Alabama that'll be coming out this summer.
I can't wait to listen to it.
Malcolm Gladwell.
Thanks for joining me.
Thank you, Dylan.
As always, people on the program may have interests
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recommend to friends like you. I'm Ricky Mulvey. Thanks for listening. We will be back on
Monday.
