Experts are sharply divided concerning the prevalence and influence of misinformation. Some have emphasized the severe epistemic and political threats posed by misinformation and have argued that some such threats have been realized in the real world. Others have argued that such concerns overstate the prevalence of misinformation and the gullibility of ordinary persons. Rather than taking a stand on this issue, I consider what would follow from the supposition that this latter perspective is correct. I argue that, if the (...) prevalence and influence of misinformation are indeed overstated, then many reports as to the prevalence and influence of misinformation constitute a kind of higher-order misinformation. I argue that higher-order misinformation presents its own challenges. In particular, higher-order misinformation, ironically, would lend credibility to the very misinformation whose influence it exaggerates. Additionally, higher-order misinformation would lead to underestimations of the reasons favoring opposing views. In short, higher-order misinformation constitutes misleading higher-order evidence concerning the quality of the evidence on which individuals form their beliefs. (shrink)