I was asked once how much a lie costs and I didn’t know how to answer the question. I decided to find out and began to research the cost difference between truthfulness and lying.
There is a surprising amount of research on the topic and I was pleased that by doing some relatively simple analysis I was actually able to determine the actually cost of a lie.
Clearly there is a difference in cost factor depending on the size of the lie. It’s kind of like purchasing a house, typically a bigger house will cost more than a smaller house. So it is with a lie.
I should point out for my friends around the world that my analysis was done in dollars so you’ll need to do the conversion to your currency yourself. The cost, in dollars for a small lie, the kind we might call a “white lie”…
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