An Economist’s Guide To Big Decisions - Russ Roberts | Modern Wisdom Podcast 531

Russell Roberts is an economist, a research fellow at Stanford University, President designate of Shalem College in Jerusalem, an author and a podcaster.

Economics promised us a model which works for all of life's decisions. From what to buy for lunch to investing in a company. But when you're faced with decisions like where to live, how many children to have, whether to get married or what sort of person you want to be, it falls short. Thankfully Russ has a new toolkit.

Expect to learn why Charles Darwin made a checklist before marriage which said his wife was slightly better than a dog, why the decision about whether to have children is so difficult to predict, whether rationality is totally incompatible with the decisions that define us, why happiness is overrated as an optimising function, whether tradition is any use and much more...

Sponsors:
Get 83% discount & 3 months free from Surfshark VPN at https://surfshark.deals/MODERNWISDOM (use code MODERNWISDOM)

Get a Free Sample Pack of all LMNT Flavours at https://www.drinklmnt.com/modernwisdom (discount automatically applied)

Get 15% discount on all VERSO’s products at https://ver.so/modernwisdom (use code: MW15)

Extra Stuff:
Buy Wild Problems - https://amzn.to/3qWTzRa
Follow Russ on Twitter - https://twitter.com/EconTalker
Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/
To support me on Patreon (thank you): https://www.patreon.com/modernwisdom

#lifeadvice #mindset #rationality

-

00:00 Intro
00:29 How Economists Make Decisions
05:35 Learning Happiness
17:45 The Story of Darwin’s Marriage
25:56 Anxiety Cost of ‘What Ifs’
33:55 How to Have a Life Well Lived
48:26 Principles for Big Decisions
59:54 Where to Find Russ

-

Get my free Reading List of 100 life-changing books here - https://chriswillx.com/books/

Listen to all episodes on audio:
Apple Podcasts: https://apple.co/2MNqIgw
Spotify: https://spoti.fi/2LSimPn

-

Get in touch in the comments below or head to...
Instagram: https://www.instagram.com/chriswillx
Twitter: https://www.twitter.com/chriswillx
Email: https://chriswillx.com/contact/