Podcast appearances and mentions of Colin Camerer

Why This Episode Is a Must-Watch In a world where financial decisions can be deeply influenced by emotions and biases, understanding how these factors play a role in investment strategy is crucial. This episode of “Inspired Money” dives deep into behavioral finance to uncover the predictable irrationality in our investment choices. Are you letting fear and greed drive your financial decisions? Discover strategies to navigate biases and invest more rationally by tuning in. Meet the Expert Panelists Colin Camerer is a pioneering behavioral economist and neuroeconomist known for integrating psychology and neuroscience into economic decision-making. As the Robert Kirby Professor of Behavioral Finance and Economics at Caltech, he researches neuroeconomics, behavioral game theory, decision science, and the neuroscience of economic choices, earning him a MacArthur Fellowship in 2013 and an honorary doctorate from the Stockholm School of Economics in 2019. Tom Howard is a pioneer in behavioral finance, best known for founding AthenaInvest and authoring the influential book Behavioral Portfolio Management. With over 35 years in academia and finance, he developed a groundbreaking approach that challenges traditional investment theory by focusing on how investors actually behave, revolutionizing portfolio management through a behavioral data-driven strategy. Annika Echarti, CFP® is a financial coach specializing in behavioral finance and financial psychology. With a background in accounting, law, and economics, she helps self-employed individuals and small business owners align their financial decisions with their goals and values, focusing on both practical strategies and the psychology behind money habits. Megan McCoy, Ph.D., LMFT, AFC®, CFT™ is an Assistant Professor at Kansas State University's Department of Personal Financial Planning, where she specializes in financial therapy, financial well-being, and the dynamics of couples' financial interactions, and has published extensively on these topics while also contributing as a board member of the Financial Therapy Association and co-editor of the Financial Planning Review. Key Highlights: Cognitive Biases Unveiled: According to Colin Camerer, “Fear and greed are real and are actually in the brain.” He explains how these emotions manifest during market bubbles, revealing deep insights into investor behavior. Recognizing these mental states can help investors maintain discipline amidst market fluctuations. The Power of Planning: Tom Howard highlights that “myopic loss aversion is the most important mistake that investors make,” emphasizing the role of structured investment plans and predefined sell rules. By anchoring decisions to clear guidelines, investors can mitigate the biases that lead to costly errors. Aligning Financial Decisions with Values: Annika Echarti stresses the significance of aligning financial choices with personal values to overcome emotional biases. This strategic alignment helps investors make decisions that not only benefit their portfolios but also align with their life goals. The Role of Emotional Intelligence: Megan McCoy advocates for the development of emotional intelligence to recognize financial biases. Through self-awareness and exercises like the money egg, investors can unpack early money-related experiences to better understand their current biases. Call-to-Action Here's what I want you to do: the next time you're about to make an investment decision—pause. Ask yourself: Is this decision based on a solid strategy, or is it driven by emotion? Write down your reasoning before taking action. Even just becoming aware of your thought process can help you make smarter choices. Let's start investing more intentionally and less emotionally. Let me know in the comments—what's one bias you've noticed in your own financial decisions? Find the Inspired Money channel on YouTube or listen to Inspired Money in your favorite podcast player. Andy Wang, Host/Producer of Inspired Money

What's the difference between being popular and being cool? How has social media changed the trend cycle? And what do Taylor Swift and Walmart have in common? SOURCES:Annette Asp, project manager and research coordinator at the California Institute of Technology.Lalin Anik, professor of marketing at Vrije University Amsterdam.Marc Bain, journalist.Judy Blume, young adult author.Colin Camerer, professor of behavioral economics at the California Institute of Technology.James Dean, 20th-century American actor.Ryan Hauser, Ph.D. candidate at the Yale School of Management.Michael Jordan, former professional basketball player.Johnny Miles, senior value manager at Workday.Steven Quartz, professor of philosophy at the California Institute of Technology.David Skinner, editor of Humanities magazine.Lindsey Vonn, Olympic alpine skier. RESOURCES:"Do You Think You're Cool?" poll by YouGov (2024)."What Cool Means Now," by Marc Bain (Quartz, 2020)."The History of Michael Jordan's 'Banned' Sneakers," (Complex, 2020)."Brand Coolness," by Caleb Warren, Rajeev Batra, Sandra Maria Correia Loureiro, and Richard P. Bagozzi (Journal of Marketing, 2019)."How to be Cool," by Johnny Miles (UVA Darden Ideas to Action, 2017).Cool: How the Brain's Hidden Quest for Cool Drives Our Economy and Shapes Our World, by Steven Quartz and Anette Asp (2015)."How Capitalism Created 'Cool,'" by Bourree Lam (The Atlantic, 2015)."How Did Cool Become Such a Big Deal?" by David Skinner (Humanities, 2014). EXTRA:"Are We Getting Lonelier?" by No Stupid Questions (2023).

In this episode of Choiceology with Katy Milkman, we look at how framing a decision based on what you stand to lose versus what you stand to gain affects your tolerance of risk.Luis Green was a contestant on the popular TV game show Deal or No Deal. The game is largely one of chance, but there are moments during play where the contestant has an option to accept a cash offer to quit. At one point in the game, Luis was offered $333,000 to simply walk away. A guaranteed win! It seems like an obvious choice. But as you'll hear from the story, there are other factors that influenced his decision.Katy illustrates these factors with a version of a famous experiment. Volunteers are presented with two differently worded but mathematically identical scenarios. A simple shift from framing the scenario as a potential gain to one of potential loss results in starkly different choices from the volunteers.Next, Katy speaks with special guest Daniel Kahneman about the underlying theory that explains human behavior in these types of situations. Daniel Kahneman served as professor of psychology and public affairs emeritus at the Woodrow Wilson School and the Eugene Higgins Professor of Psychology Emeritus at Princeton University. He was awarded the 2002 Nobel Prize in Economics for his pioneering research with Amos Tversky. Their work helped establish the field of behavioral economics. Kahneman also wrote the bestselling book Thinking, Fast and Slow.Finally, Katy speaks with Colin Camerer about some of his favorite studies on risk seeking in the domain of losses, as well as practical approaches for avoiding this less-than-ideal behavior. Colin Camerer is the Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology, where he teaches cognitive psychology and economics. You can read his paper “Prospect Theory in the Wild: Evidence from the Field” here.Choiceology is an original podcast from Charles Schwab. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThe comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.Data contained herein from third party providers is obtained from what are considered reliable source. However, its accuracy, completeness or reliability cannot be guaranteed and Charles Schwab & Co. expressly disclaims any liability, including incidental or consequential damages, arising from errors or omissions in this publication. All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request. Investing involves risk including loss of principal.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.The book How to Change: The Science of Getting from Where You Are to Where You Want to Be is not affiliated with, sponsored by, or endorsed by Charles Schwab & Co., Inc. (CS&Co.). Charles Schwab & Co., Inc. (CS&Co.) has not reviewed the book and makes no representations about its content.(0424-VAX6)

Would you be more adventurous if you had more structure? Do you multitask while brushing your teeth? And what would Mike's perfect brother Peter do?  SOURCES:David Brooks, opinion columnist for The New York Times.Colin Camerer, professor of economics at the California Institute of Technology.James Clear, writer.Mason Currey, author.David Goggins, ultra-endurance athlete and retired U.S. Navy SEAL.Jesse Itzler, entrepreneur and author.Katy Milkman, professor of operations, information and decisions at the Wharton School at the University of Pennsylvania and host of the Choiceology podcast.Aneesh Rai, professor of management and organization at the University of Maryland.Tony Robbins, author, motivational speaker, and life coach.Sydney Scott, professor of marketing at Washington University in St. Louis.Cass Sunstein, professor and founding director of the Program on Behavioral Economics and Public Policy at Harvard Law School.Elanor Williams, professor of marketing at Washington University in St. Louis. RESOURCES:"A Field Experiment on Subgoal Framing to Boost Volunteering: The Trade-Off Between Goal Granularity and Flexibility," by Aneesh Rai, Marissa A. Sharif, Edward H. Chang, Katherine L. Milkman, and Angela L. Duckworth (Journal of Applied Psychology, 2023)."What's Next? Advances and Challenges in Understanding How Environmental Predictability Shapes the Development of Cognitive Control," by Yuko Munakata, Diego Placido, and Winnie Zhuang (Current Directions in Psychological Science, 2023)."A Neural Autopilot Theory of Habit: Evidence From Consumer Purchases and Social Media Use," by Colin Camerer, Yi Xin, and Clarice Zhao (Journal of the Experimental Analysis of Behavior, 2023)."In Goal Pursuit, I Think Flexibility Is the Best Choice for Me but Not for You," by Sydney E. Scott and Elanor F. Williams (Journal of Marketing Research, 2022).Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones, by James Clear (2018).Evicted: Poverty and Profit in the American City, by Matthew Desmond (2016).Living with a SEAL: 31 Days Training with the Toughest Man on the Planet, by Jesse Itzler (2015)."The Good Order," by David Brooks (The New York Times, 2014).Daily Rituals: How Artists Work, by Mason Currey (2013).

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Groove Track | Why can't you find a cab in the rain?  We take a deep dive exploring the 1997 study “LABOR SUPPLY OF NEW YORK CITY CAB DRIVERS: ONE DAY AT A TIME,” by  Colin Camerer, Linda Babcock, George Loewenstein, and Richard Thaler.   This paper shifts through piles of data to look at how NY city cab drivers behaved - and what they found was an economic anomaly - the cab drivers did not behave as classical economists predicted.  The data showed that the drivers worked shorter hours on days when they earned faster (e.g., when it's raining) which goes against what economists would have predicted (i.e., that they maximize those opportunities).     Kurt and Tim run through how the study came to be, what they measured, and the implications of the paper's findings.  This is a quick and fun dive into one of behavioral science classic studies.   Find out more about this paper in our blog post

Economics is a social science. It involves theories and models and lots of math. So why is it so hard for economists to agree? And why is there often a disconnect between what economists say will happen and what actually happens in the real economy? That's something Molly has been wondering about. So we turned it into a show and called in some help. Colin Camerer, the Robert Kirby professor of behavioral economics at the California Institute of Technology, says there’s a big divide between microeconomics and macroeconomics. “It’s a little bit like geology, where we understand a lot about about rocks and mountains and how old they are, that’s micro, and earthquake forecasting, in which we know that there will be a big quake … but we don’t know if it’s gonna be next year, five years, 10 years … that’s kind of like macro.” On the show today, Camerer explains the role economists play in society and how we should be thinking about what they tell us, especially since their findings sometimes drive public policy debates. In the news fix, America is in a AI battle with China, and it’s not looking great for team USA. Plus, who is really benefiting from Zillow’s failed plan to flip thousands of homes? We’ll also hear from listeners who have mixed feelings about the outcome of the COP26 climate summit and an answer to the Make Me Smart question that has us wondering whether anything we know is true anymore. Here’s everything we talked about today:  “A New Study of Economics as a Science Says It’s Still Dismal” from Wired “What economists have gotten wrong for decades” from Vox “US has already lost AI fight to China, says ex-Pentagon software chief” from the Financial Times “Zillow Seeks to Sell 7,000 Homes for $2.8 Billion After Flipping Halt” from Bloomberg “COP26: 7 climate takeaways from Day 1 of the Glasgow talks” from CNN Read the transcript here.

Economics is a social science. It involves theories and models and lots of math. So why is it so hard for economists to agree? And why is there often a disconnect between what economists say will happen and what actually happens in the real economy? That's something Molly has been wondering about. So we turned it into a show and called in some help. Colin Camerer, the Robert Kirby professor of behavioral economics at the California Institute of Technology, says there’s a big divide between microeconomics and macroeconomics. “It’s a little bit like geology, where we understand a lot about about rocks and mountains and how old they are, that’s micro, and earthquake forecasting, in which we know that there will be a big quake … but we don’t know if it’s gonna be next year, five years, 10 years … that’s kind of like macro.” On the show today, Camerer explains the role economists play in society and how we should be thinking about what they tell us, especially since their findings sometimes drive public policy debates. In the news fix, America is in a AI battle with China, and it’s not looking great for team USA. Plus, who is really benefiting from Zillow’s failed plan to flip thousands of homes? We’ll also hear from listeners who have mixed feelings about the outcome of the COP26 climate summit and an answer to the Make Me Smart question that has us wondering whether anything we know is true anymore. Here’s everything we talked about today:  “A New Study of Economics as a Science Says It’s Still Dismal” from Wired “What economists have gotten wrong for decades” from Vox “US has already lost AI fight to China, says ex-Pentagon software chief” from the Financial Times “Zillow Seeks to Sell 7,000 Homes for $2.8 Billion After Flipping Halt” from Bloomberg “COP26: 7 climate takeaways from Day 1 of the Glasgow talks” from CNN

This episode explores Habits with our guest, Dr. Colin Camerer. We discuss the intersection of neuroscience and economics, neural 'autopilot', and why this is the golden age of social science. Professor Colin F. Camerer is the Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology, where he teaches cognitive psychology and economics. Professor Camerer earned a Bachelors degree in quantitative studies from Johns Hopkins, a MBA in finance, and a Ph.D. in decision theory from the University of Chicago Graduate School of Business. Before coming to Caltech in 1994, Dr. Camerer worked at the Kellogg, Wharton, and University of Chicago business schools. He studies both behavioral and experimental economics.

In this episode, we bring you the second half of our conversation with Colin Camerer! Sarah and Merle discover the 3 behavioural topics that have captured Colin's imagination, so much so, he tells us he won't be working on anything else! Finding Colin Camererhttp://camerergroup.caltech.edu/@CFCamerer (https://twitter.com/CFCamerer?s=20) Questioning Behaviour Socials:Facebook: @QBpodcast (https://www.facebook.com/QBPodcast)Insta: @questioningbehaviour (https://www.instagram.com/questioningbehaviour/)Twitter: @QB_podcast (https://twitter.com/QB_Podcast)LinkedIn: @Questioning Behaviour (https://www.linkedin.com/groups/8928118/)Music used:Derek Clegg “You’re the Dummy” https://derekclegg.bandcamp.com/

In this episode, Sarah Bowen and Merle Van Den Akker interview Colin Camerer about how he became interested in behavioural science and neuroscience, what it was like to be a part of the BeSci inner circle in the early days, and discuss some innovative and creative experiments in and around the field. Tune in next week to hear the rest of the conversation - you don't want to miss it! Questioning Behaviour Socials:Facebook: @QBpodcast (https://www.facebook.com/QBPodcast)Insta: @questioningbehaviour (https://www.instagram.com/questioningbehaviour/)Twitter: @QB_podcast (https://twitter.com/QB_Podcast)LinkedIn: @Questioning Behaviour (https://www.linkedin.com/groups/8928118/)

In a past episode titled “Spoiled for Choice,” we looked at how decision-making can be hampered by our desire to avoid the painful emotion of regret. In fact, regret aversion can cause people to abandon certain decisions entirely.In this episode of Choiceology with Katy Milkman, we look more closely at regret itself. Stirling Hart is a professional lumberjack. He’s also a world-class lumberjack sports athlete. He has travelled the world competing against the best of the best in events such as the underhand chop, the spring board, the single buck, and the standing block chop. These grueling and dangerous tasks require explosive strength, accuracy, and nerves of steel.In 2016, Stirling Hart represented Canada at the Stihl Timbersports® World Championship in Stuttgart, Germany. He was dominating the events until he came to the hot saw (an event involving a chainsaw built from a modified motorcycle engine). That’s when one split-second decision changed the course of the competition. You’ll hear how that one moment affected Stirling for months afterward.Stirling Hart lives and works in Squamish, British Columbia, Canada.Next, Katy speaks with Colin Camerer about the neuroscience of regret. Colin explains how regret arises and how it can affect our behavior, for better and for worse. You’ll hear about a fascinating study by Tom Gilovich identifying regret in Olympic medalists, and you’ll learn about the ways that regret can influence investment decisions. You’ll also gain valuable insight on how to minimize some of the negative effects of regret.Colin Camerer is a Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology, where he teaches cognitive psychology and economics. You can read more about regret in his paper “Neural Evidence of Regret and Its Implications for Investor Behavior.”Choiceology is an original podcast from Charles Schwab. For more on the series, visit schwab.com/podcast.If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.Important Disclosures:All expressions of opinion are subject to change without notice in reaction to shifting market conditions.The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk, including loss of principal. (1020-081T)

Can technology borrowed from biological studies reveal the ways in which gender and other factors influence how humans choose? Caltech neuroeconomist Colin Camerer takes us behind the scenes, describing how he gains a deeper understanding of decision-making behaviors by looking inside the brain as choices are made.Colin Camerer is the Robert Kirby Professor of Behavioral Economics and the T&C Chen Center for Social and Decision Neuroscience Leadership Chair and Director at Caltech.

------------------Support the channel------------ Patreon: https://www.patreon.com/thedissenter SubscribeStar: https://www.subscribestar.com/the-dissenter PayPal: paypal.me/thedissenter PayPal Subscription 1 Dollar: https://tinyurl.com/yb3acuuy PayPal Subscription 3 Dollars: https://tinyurl.com/ybn6bg9l PayPal Subscription 5 Dollars: https://tinyurl.com/ycmr9gpz PayPal Subscription 10 Dollars: https://tinyurl.com/y9r3fc9m PayPal Subscription 20 Dollars: https://tinyurl.com/y95uvkao ------------------Follow me on--------------------- Facebook: https://www.facebook.com/thedissenteryt/ Twitter: https://twitter.com/TheDissenterYT Anchor (podcast): https://anchor.fm/thedissenter Dr. Colin F. Camerer is the Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology, where he teaches cognitive psychology and economics. His work seeks a better understanding of the psychological and neurobiological basis of decision-making in order to determine the validity of models of human economic behavior. His research uses mostly economics experiments—and occasionally field studies—to understand how people behave when making decisions (e.g., risky gambles for money), in games, and in markets (e.g., speculative price bubbles). In 2013, Dr. Camerer was named a MacArthur Fellow. In this episode, we focus on the modern science of economics, integrated with cognitive and experimental psychology, and neuroscience. We first discuss the different types of decision-making that we are cognitively endowed with. We address what rationality is from an economics perspective. We talk about the importance of collecting data from different sources to develop a full understanding of our cognitive mechanisms, from psychology, economics, anthropology and neuroscience. Then, we focus on the current state of the art in neuroscience, its limitations as a discipline and at the level of its imaging techniques, and the knowledge we can draw from it. We also refer to the limitations of lab experiments, and how they can be complemented by field studies in natural settings. We also talk about individualist vs collectivist approaches in economics; how to think about social norms; and what are “beliefs” in economics. Finally, we discuss the concept of “risk” in economics, the factors behind risky gambling in the stock market, and possible ways to prevent it. Faculty page: http://bit.ly/2shuC86 Website: http://bit.ly/34i5mwE ResearchGate profile: http://bit.ly/35zIybK Twitter handle: @CFCamerer -- A HUGE THANK YOU TO MY PATRONS/SUPPORTERS: KARIN LIETZCKE, ANN BLANCHETTE, SCIMED, PER HELGE HAAKSTD LARSEN, LAU GUERREIRO, RUI BELEZA, ANTÓNIO CUNHA, CHANTEL GELINAS, JERRY MULLER, FRANCIS FORDE, HANS FREDRIK SUNDE, YEVHEN BODRENKO, SERGIU CODREANU, ADAM BJERRE, AIRES ALMEIDA, BERNARDO SEIXAS, HERBERT GINTIS, RUTGER VOS, RICARDO VLADIMIRO, BO WINEGARD, VEGA GIDEY, CRAIG HEALY, OLAF ALEX, PHILIP KURIAN, JONATHAN VISSER, DAVID DIAS, ANJAN KATTA, JAKOB KLINKBY, ADAM KESSEL, MATTHEW WHITINGBIRD, ARNAUD WOLFF, TIM HOLLOSY, HENRIK AHLENIUS, JOHN CONNORS, PAULINA BARREN, AND FILIP FORS CONNOLLY! A SPECIAL THANKS TO MY PRODUCERS, YZAR WEHBE, ROSEY, JIM FRANK, AND ŁUKASZ STAFINIAK! AND TO MY EXECUTIVE PRODUCER, MICHAL RUSIECKI!

Too often, in our estimation, people make recommendations to us with the intent to improve our life but the effect on us is the opposite of that. Rather than completely engaging us, some recommendations or pieces of advice actually overpower any enthusiasm we might for following up. This is especially true when the recommendation is too big to get our heads around. Casual comments like, “Oh, you should read that book,” or, “You should go to Malaysia,” or, “You should check out that podcast series,” are often too much for us to process. They’re all well-intended, and could be terrific recommendations, but thinking about starting a massive new book in an already jam-packed life can be the opposite of engaging: sometimes, it’s demotivating.    So in this Grooving Session, we use a behavioral science hack to START SMALL and we’re recommending our favorite podcast episodes (produced by other podcasters!) to our listeners. We think you’ll like these specific podcast episodes by some of our favorite hosts on some of our favorite topics. And because they’re itty-bitty single episodes, we hope you can start small and check some of them out in the links below. Coming soon! We are launching a new podcast (a new channel in the podcaster’s vernacular) and it’s called Weekly Grooves. Weekly Grooves will be a weekly review of topical issues in the media during the week done through a behavioral science commentary. This will launch in late January 2020, and we hope you’ll check it out. Please take 23 seconds right now to give us a rating. A review only takes 57 seconds, so you can do that, too! Reviews and 5-star ratings play a positive role in getting Behavioral Grooves promoted to new listeners when they’re out browsing for an interesting behavioral science podcast. As always, thanks for listening and we hope you enjoy lots of great episodes from other podcasters!   Happiness Lab: Laurie Santos, PhD. Make ‘Em Laugh. https://www.happinesslab.fm/season-1-episodes/make-em-laugh Canned laugh tracks positively affect our experience even when we KNOW they’re canned! Great production and a cool person.   Choiceology: Katy Milkman, PhD. Take the Deal. https://www.schwab.com/resource-center/insights/content/choiceology-season-4-episode-4 Danny Kahneman, Colin Camerer, and Luis Green tell the tales of our flawed decision making – even when the consequences are big! Terrific interviewer. Great production.   Big Brains: Paul Rand. Why Talking to Strangers Will Make You Happier. https://news.uchicago.edu/podcasts/big-brains/why-talking-strangers-will-make-you-happier-nicholas-epley Nick Epley, PhD discussed the importance of talking to strangers and how it will make YOU happier.   Intelligence Squared U.S. Debates: John Donvan. Is Social Media Good for Democracy? https://www.intelligencesquaredus.org/debates/social-media-good-democracy-0 Fascinating discussion about the pro’s and con’s of social media.   The David Gilmour Podcast: David Gilmour. The Fender Stratocaster #0001. https://podcasts.apple.com/us/podcast/episode-3-the-fender-stratocaster-0001/id1463321559?i=1000441421346 Yes. It really does exist and David Gilmour owns it and cherishes it.   You Are Not So Smart: David McRaney. Pluralistic Ignorance: The psychology behind why people don’t speak out against, and even defend, norms they secretly despise. https://soundcloud.com/youarenotsosmart/157-pluralistic-ignorance A terrific episode exploring how social norms are perpetuated even when the majority don’t agree with them.   Song Exploder: Hrishikesh Hirway. Sheryl Crow: Redemption Day. http://songexploder.net/sheryl-crow/songexploder161-sherylcrow How songwriters come to write and record songs is amazing to me and this is a very articulate songwriter.   O Behave: Ogilvy Consulting. Dollars and Sense. https://podtail.com/en/podcast/o-behave/episode-16-dollars-and-sense-with-jeff-kreisler-an/ Jeff Kreisler (one of our favorites) and Rory Sutherland dig into Jeff’s work in behavioral finance.   Radio Lab: Jad Abumrad and Robert Krulwich. Smarty Plants. https://www.wnycstudios.org/podcasts/radiolab/articles/smarty-plants This episode explores the amazingly brainy behaviors of brainless things: plants!   Happiness Lab: Laurie Santos, PhD. The Unhappy Millionaire https://www.happinesslab.fm/season-1-episodes/the-unhappy-millionaire This episode explores how we don’t really understand what makes us happy…with Dan Gilbert    The Knowledge Project: Shane Parrish. Neil Pasricha: Happy Habits https://fs.blog/neil-pasricha/ Looks at habits that can make you happier or not   The Science of Success: Matt Bodner. Guest = Jonathan Haidt https://www.successpodcast.com/show-notes/2018/9/12/three-dangerous-ideas-that-are-putting-our-society-at-risk-with-dr-jonathan-haidt Three dangerous ideas that are putting our society at risk – Looking at the anti-fragile movement that Haidt looks at how we need to allow Coddling the American Mind.  Overprotecting kids and not letting them have failures…question feelings   Hustle and Flowchart Podcast: Matt Wolfe and Joe Fier. Therapy Session (153) – T&C, Podfest, Selling Shirts and Affiliate Marketing https://evergreenprofits.com/therapy-sessions-podfest-affiliate/ Matt and Joe discuss a number of things that have been going on with them and some insights on podcasting     Smart Drug Smarts: Jesse Lawler. Aphantasia with Dr. Joel Pearson https://smartdrugsmarts.com/episodes/219-aphantasia/ Where Kurt found out about Aphantasia and realized that he had it.   Hidden Brain: Shanker Vedantam. Facts Aren’t Enough https://www.npr.org/2019/07/18/743195213/facts-arent-enough-the-psychology-of-false-beliefs A look at confirmation bias and how data doesn’t change our minds…Tali Sharot and Cailin O’Conner add insight (smallpox variolation)   Big Think Think Again: Jason Gotz. Cambridge Analytica whistleblower Christopher Wylie: the cognitive segregation of America https://bigthink.com/podcast/cambridge-analytica © 2020 Behavioral Grooves  

(Royalty-free photograph courtesy of Pixabay, at pixabay.com.) Snakes.  Heights.  Needles.  Things that make us scream and run. Caltech is studying the nature of fear.  And they recently chose a unique but highly effective venue, in which to conduct their research. During the 2019 Halloween haunt season, Caltech partnered with extreme Orange County haunted house The 17th Door. Led by Caltech social scientists Colin Camerer and Dean Mobbs, this particular study examined fear in what amounted to an ideal environment: a non-laboratory situation where guests were not placed in actual danger.  (Colin Camerer is the Robert Kirby Professor of Behavioral Economics and director of the T&C Chen Center for Social and Decision Neuroscience in Caltech's  Tianqiao and Chrissy Chen Institute for Neuroscience.  Meanwhile, Dean Mobbs is an assistive professor of cognitive neuroscience, as well as a Chen Scholar at Caltech.) And their onsite work at The 17th Door allowed them to take a good look at what happens when something scares us--even in fun. As guests arrived to experience The 17th Door's scream-inducing immersive storytelling, Caltech researchers first asked if they'd like to participate in the study. Once guests agreed, the Caltech staff used modern technology and questionnaires to measure their reactions to haunt occurrences.    One of the study's long-term goals, according to Caltech's website, is to determine how well people can learn to control their reactions in extreme situations. Virginia Fedrigo is a Caltech research technician assistant who worked on the project.   We talked about her work, what she observed as participants arrived and the next steps in this research. On this edition of Over Coffee®, you will hear: How the Caltech research study came about; What the Caltech team's first day at The 17th Door was like; How the research team conducted their experiment onsite; The way the team used technology to measure visitors' fear reactions; Where the team are, currently, on their study; How The 17th Door approached creating their haunt "from a scientific point of view"; Some of the goals of this particular research study; What research says, about the ways we experience fear; Something Virginia noticed frequently while working onsite with researchers; How some parts of The 17th Door are psychologically engineered to work with this phenomenon; What Virginia found most interesting about observing people, as they entered the haunt What's next, for the Caltech team. (Like to know more about the talented team behind The 17th Door?   Here's our 2018 interview with professional haunter Shar Mayer, who trains their performers!)

In this episode of Choiceology with Katy Milkman, we look at how framing a decision based on what you stand to lose versus what you stand to gain affects your tolerance of risk.Luis Green was a contestant on the popular TV game show Deal or No Deal. The game is largely one of chance, but there are moments during play where the contestant has an option to accept a cash offer to quit. At one point in the game, Luis was offered $333,000 to simply walk away. A guaranteed win! It seems like an obvious choice. But as you’ll hear from the story, there are other factors that influenced his decision.Katy illustrates these factors with a version of a famous experiment. Volunteers are presented with two differently worded but mathematically identical scenarios. A simple shift from framing the scenario as a potential gain to one of potential loss results in starkly different choices from the volunteers.Next, Katy speaks with special guest Daniel Kahneman about the underlying theory that explains human behavior in these types of situations.Daniel Kahneman is a professor of psychology and public affairs emeritus at the Woodrow Wilson School and the Eugene Higgins Professor of Psychology Emeritus at Princeton University. He was awarded the 2002 Nobel Prize in Economics for his pioneering research with Amos Tversky. Their work helped establish the field of behavioral economics. Kahneman is also the author of the bestselling book Thinking, Fast and Slow.Finally, Katy speaks with Colin Camerer about some of his favorite studies on risk seeking in the domain of losses, as well as practical approaches for avoiding this less-than-ideal behavior.Colin Camerer is the Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology, where he teaches cognitive psychology and economics. You can read his paper “Prospect Theory in the Wild: Evidence from the Field” here.Choiceology is an original podcast from Charles Schwab. For more on the series, visit schwab.com/podcast.If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.Important Disclosures:All expressions of opinion are subject to change without notice in reaction to shifting market conditions.The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.(0919-9CT3)

------------------Support the channel------------ Patreon: https://www.patreon.com/thedissenter SubscribeStar: https://www.subscribestar.com/the-dissenter PayPal: paypal.me/thedissenter PayPal Subscription 1 Dollar: https://tinyurl.com/yb3acuuy PayPal Subscription 3 Dollars: https://tinyurl.com/ybn6bg9l PayPal Subscription 5 Dollars: https://tinyurl.com/ycmr9gpz PayPal Subscription 10 Dollars: https://tinyurl.com/y9r3fc9m PayPal Subscription 20 Dollars: https://tinyurl.com/y95uvkao ------------------Follow me on--------------------- Facebook: https://www.facebook.com/thedissenteryt/ Twitter: https://twitter.com/TheDissenterYT Anchor (podcast): https://anchor.fm/thedissenter Dr. Herbert Gintis is External Professor at the Santa Fe Institute. He and Professor Robert Boyd (Anthropology, UCLA) headed a multidisciplinary research project that models such behaviors as empathy, reciprocity, insider/outsider behavior, vengefulness, and other observed human behaviors not well handled by the traditional model of the self-regarding agent. Professor Gintis is also author of several books including Game Theory Evolving, The Bounds of Reason, A Cooperative Species, Game Theory in Action, and Individuality and Entanglement and also coeditor, with Joe Henrich, Robert Boyd, Samuel Bowles, Colin Camerer, and Ernst Fehr, of Foundations of Human Sociality: Economic Experiments and Ethnographic Evidence from Fifteen Small-scale Societies, and with Samuel Bowles, Robert Boyd and Ernst Fehr of Moral Sentiments and Material Interests: On the Foundations of Cooperation in Economic Life. This interview is based on Chapter 3 (Game Theory and Human Behavior) of The Bounds of Reason: Game Theory and the Unification of the Behavioral Sciences. In this episode, we talk about altruism and self-interest, as revealed through lab and field studies of human behavior. First, we discuss what is rationality, the literature on human biases and heuristics and why that does not show that humans are irrational. We talk about the difference between self-interested and self-regarding behavior. Then, we get into how we can use game theory to study human sociality, and the aspects of it we can learn about through different game designs, like the Prisoner's Dilemma, the Public Goods Game, and the Ultimatum Game. Finally, we talk about how we can make sense of the interplay between people's social dynamics and their culture; the phenomenon of gene-culture coevolution; and the role cultural group selection might have played in the evolution of certain aspects of our sociality, like altruism and strong reciprocity. -- Follow Dr. Gintis' work: Personal Website: https://people.umass.edu/gintis/ Books: https://tinyurl.com/y6ot643p -- A HUGE THANK YOU TO MY PATRONS: KARIN LIETZCKE, ANN BLANCHETTE, SCIMED, PER HELGE HAAKSTD LARSEN, LAU GUERREIRO, RUI BELEZA, ANTÓNIO CUNHA, CHANTEL GELINAS, JERRY MULLER, FRANCIS FORDE, HANS FREDRIK SUNDE, BRIAN RIVERA, ADRIANO ANDRADE, YEVHEN BODRENKO, SERGIU CODREANU, ADAM BJERRE, ŁUKASZ STAFINIAK, AIRES ALMEIDA, BERNARDO SEIXAS, HERBERT GINTIS, RUTGER VOS, RICARDO VLADIMIRO, BO WINEGARD, JOHN CONNORS, ADAM KESSEL, AND VEGA GIDEY! A SPECIAL THANKS TO MY PRODUCERS, YZAR WEHBE, ROSEY, AND JIM FRANK!

La curiosidad es un fenómeno aún con pocos estudios neurocientíficos, pero presenta muchos retos y algunas sorpresas. Es un proceso cognitivo con dos caras opuestas, por una parte nos genera desagrado e incomodidad y por otra el placer y agrado cuando se resuelve la incertidumbre que nos lleva a ser curiosos. Repaso los trabajos de dos de los grupos de investigación que más han hecho en los últimos 10 años.Charles Darwin y su obra “El origen de las especies”. Min Jeong Kang y Colin Camerer en la investigación de 2009. Marieke Jepma y su estudio de 2012.Dejadme vuestros comentarios y sugerencias en mis redes sociales (facebook, twitter, linkedin e instagram) o en mi correo. Más acerca de mí en la web. Si queréis ayudarme a que este podcast llegue a más personas, dejadme una valoración en iTunes.

George Loewenstein, PhD is the Herbert A. Simon Professor of Economics and Psychology in the Social and Decision Sciences Department in the Dietrich College of Humanities and Social Sciences at Carnegie Mellon University and is the director of the Center for Behavioral Decision Research. George received his PhD in economics from Yale but was always interested in topics outside of the field. At one point, he considered switching from economics to another major but was advised to remain: “We need you here,” he was told by a sage researcher. We’re glad he did. George may not be a household name, but he is a rockstar in the world of behavioral science. Nobel laureate Richard Thaler dedicated his last book, Misbehaving, to George, along with their colleague Colin Camerer. George’s insights into behavior and decision making are legendary and he is recognized as one of the founders of behavioral economics, in part because he was literally at the table when the field was named “behavioral economics.” During his career, George has indulged his curiosities in research projects that span an incredibly wide variety of topics including risk, confidence, the effects of feelings, emotions, wanting and enjoying sex, sequencing, preferences, bargaining, incentives, privacy, healthy behaviors, investing, empathy, and sympathy…to name but a few. George’s work has been cited nearly 100,000 times in published articles and peer-reviewed papers. He’s not only remarkably curious, but he’s also remarkably productive. His book of essays titled Exotic Preferences is a terrific read and provides some insight into this extremely talented man. We were excited to have George as a guest because his comments can be so insightful that they can be pondered for hours, and because he is so rarely recorded (and we are grateful to Linda Babcock for her support and participation in our conversation). We focused on some new work George is doing on the subject of boredom with a graduate student, Amanda Markey. We were surprised to learn that their work is breaking ground as there is no comprehensive functional theory for boredom.  And in the category of not knowing where a conversation might go, we compared individual experiences of boredom (and flow).   In our grooving session, we discussed some of the implications of boredom in the workplace and ways you could make meetings more successful. We also touched on the temporal nature of attention and George’s comment to “use it or lose it.” Finally, we returned to a favorite topic whether it’s a good idea to listen to music while we work. We hope you enjoy this rare recorded conversation with George Loewenstein.   Links George Loewenstein: https://www.cmu.edu/dietrich/sds/people/faculty/george-loewenstein.html George’s H-Index: https://scholar.google.com/citations?user=8nyQzDsAAAAJ&hl=en Linda Babcock: https://www.cmu.edu/dietrich/sds/people/faculty/linda-babcock.html Exotic Preferences: https://global.oup.com/academic/product/exotic-preferences-9780199257072?cc=us&lang=en& Carnegie Mellon University: https://www.cmu.edu/ CMU Social and Decision Sciences Department: https://www.cmu.edu/dietrich/ Center for Behavioral Decision Research: https://cbdr.cmu.edu/ Richard Thaler, PhD: https://www.chicagobooth.edu/faculty/directory/t/richard-h-thaler Colin Camerer: http://www.its.caltech.edu/~camerer/camerer.html Amanda Markey: https://www.linkedin.com/in/amanda-markey-026b5914/   Kurt Nelson: @motivationguru and https://www.linkedin.com/in/kurtwnelson/ Tim Houlihan: @THoulihan and https://www.linkedin.com/in/tim-houlihan-b-e/ Listen to Behavioral Grooves: https://behavioralgrooves.podbean.com/

------------------Support the channel------------ Patreon: https://www.patreon.com/thedissenter SubscribeStar: https://www.subscribestar.com/the-dissenter PayPal: paypal.me/thedissenter PayPal Subscription 1 Dollar: https://tinyurl.com/yb3acuuy PayPal Subscription 3 Dollars: https://tinyurl.com/ybn6bg9l PayPal Subscription 5 Dollars: https://tinyurl.com/ycmr9gpz PayPal Subscription 10 Dollars: https://tinyurl.com/y9r3fc9m PayPal Subscription 20 Dollars: https://tinyurl.com/y95uvkao ------------------Follow me on--------------------- Facebook: https://www.facebook.com/thedissenteryt/ Twitter: https://twitter.com/TheDissenterYT Dr. Herbert Gintis is External Professor at the Santa Fe Institute. He and Professor Robert Boyd (Anthropology, UCLA) headed a multidisciplinary research project that models such behaviors as empathy, reciprocity, insider/outsider behavior, vengefulness, and other observed human behaviors not well handled by the traditional model of the self-regarding agent. Professor Gintis is also author of several books including Game Theory Evolving, The Bounds of Reason, A Cooperative Species, Game Theory in Action, and Individuality and Entanglement and also coeditor, with Joe Henrich, Robert Boyd, Samuel Bowles, Colin Camerer, and Ernst Fehr, of Foundations of Human Sociality: Economic Experiments and Ethnographic Evidence from Fifteen Small-scale Societies, and with Samuel Bowles, Robert Boyd and Ernst Fehr of Moral Sentiments and Material Interests: On the Foundations of Cooperation in Economic Life. In this episode, we talk about sociobiology, game theory, and behavioral science in general. First, we talk about the historical and scientific relevance of sociobiology. Then, we go through one of the big projects of Dr. Gintis' work for the last two decades - a framework for the unification of the behavioral sciences – and the several obstacles that we have to that, including the fact that different behavioral sciences have different approaches and focus on different aspects. We also talk about the relationship between culture and biology. Finally, we go from there to the particularities of human cooperation, group selection, and the role that social institutions play. Time Links: 01:03 Sociobiology and human behavior 04:37 A framework for the unification of the behavioral sciences 10:52 It makes no sense to talk about individuals or collectives 17:20 Culture and biology, and gene-culture coevolution 21:50 The particularities of human cooperation 25:55 About group selection 35:24 The function of social institutions in social species 42:30 The importance of group identity (distributed cognition) 48:50 Humans are rational, but not in the way you think 59:05 What is human nature? -- Follow Dr. Gintis' work: Faculty page: https://tinyurl.com/y3xj55na Personal Website: https://people.umass.edu/gintis/ Articles on Researchgate: https://tinyurl.com/y5dzoe2l Books: https://tinyurl.com/y6ot643p Books referenced in the int

Stephen J. Dubner hosts an episode full of the world's most renowned behavior change experts, including Colin Camerer, Ayelet Fishbach, David Laibson, Max Bazerman, Katy Milkman, and Kevin Volpp. Angela Duckworth (psychologist and author of Grit) is our special guest co-host, with Mike Maughan (head of global insights at Qualtrics) as real-time fact-checker.

Michael has put together a compilation of past appearances aggregated into a four hour episode. Guests today include: Daniel Kahneman, Laurie Santos, Steven Kotler, Anders Ericsson, Philip Tetlock, and Colin Camerer. Daniel Kahneman has been called the most important psychologist alive today. He is the 2002 winner of the Nobel Memorial Prize in Economic Sciences, and is the guy behind the theories of behavioral economics and behavioral finance. Laurie Santos is a professor of psychology and cognitive sciences at Yale University. Her research explores the evolutionary origins of the human mind by comparing the cognitive abilities of human and non-human primates. Santos is able to look at monkeys and their behavior in markets and money, and see the similarities with humans. Kotler is an American bestselling author, journalist, and entrepreneur. His articles have appeared in over 70 publications, including The New York Times Magazine, LA Times, etc. Anders Ericsson is a Swedish psychologist and Conradi Eminent Scholar and Professor of Psychology at Florida State University. He is internationally recognized as a researcher in the psychological nature of expertise and human performance. His new book is “Peak: Secrets from the New Science of Expertise.” Philip Tetlock is a Canadian American political science writer currently at The Wharton School of the University of Pennsylvania. He is right at the intersection of psychology, political science and organizational behavior. His book, “Superforecasting: The Art and Science of Prediction,” is about probabilistic thinking defined. Colin Camerer is an American behavioral economist and a Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology (Caltech). Camerer’s research is the interface between cognitive psychology and economics. In this episode of Trend Following Radio: Remembering self vs. Experiencing self How the measures of happiness are being implemented into public policy How failure to accept one’s losses can lead to risk-taking in trading Crowd behavior relating economic bubbles Why capitalism is largely driven by optimism Behavioral economics affecting the trading world Monkeys and humans The monkey economy The endowment effect G.I. Joe fallacy Discipline and practice Solo and group practice Flow state Social motivation The late birthday rule 10,000 hours of practice Nature vs. nurture Brain plasticity What are superforecasters? Probabilistic thinking Looking at data The basis of decision making

In this episode we discuss the intersection between neuroscience and game theory, ask whether you are smarter than a Chimpanzee, examine how simple mental judgments can be massively wrong, explain the basics of game theory, and dig deep into strategic thinking with Dr. Colin Camerer.    Colin is the Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology. A former child prodigy Colin received his B.A in quantitative studies from John Hopkins University at the age of 17, followed by an M.B.A. in finance from the University of Chicago at the age of 19, and finally a Ph.D in behavioral decision theory from the University of Chicago at the age of 21. Colin research is focused on the interface between cognitive psychology and economics.    We discuss: How to out-think (and think one level ahead of) your competitionHow we make simple mental judgments that go wrongThe fundamentals of game theory and how you can practically apply it to your lifeAre you smarter than a chimpanzee? (the answer may surprise you)The psychological limits on strategic thinkingHow game theory cuts across multiple disciplines of knowledge from evolution to corporate auctionsThe concept of a nash equilibrium and why its importantThe fascinating intersections between psychology and game theoryThe game theory behind rock paper scissors (and the optimal strategy)Why people don’t think strategically (and why it matters)Discover if you re you a level zero thinker or a “Level K” thinkerWhy working memory has a strong correlation between making strategic decisions and cognitive flexibilityThe fascinating results behind the “false belief test"How to make strategic inferences from the knowledge that other minds haveAnd much more!  If you want to make better decisions or have always been fascinated by game theory - listen to this episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

My guest today is Colin Camerer, an American behavioral economist and a Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology (Caltech). Camerer's research is on the interface between cognitive psychology and economics. This work seeks a better understanding of the psychological and neurobiological basis of decision-making in order to determine the validity of models of human economic behavior. His research uses mostly economics experiments—and occasionally field studies—to understand how people behave when making decisions (e.g., risky gambles for money), in games, and in markets (e.g., speculative price bubbles). The topics are cognitive psychology and economics. In this episode of Trend Following Radio we discuss: Why Camerer was called a child prodigy, and how he looks at that term in the context of nurture vs. nature Synthesizing behavioral economics and neuroscience; understanding Camerer's studies when traders aren't looking at the market on a day-to-day basis; how we can stimulate the brain to create a bubble The ethical issues surrounding Camerer's work Machine learning and data mining Neuroscience and game theory Comparing humans and chimps in the study of neuroscience How trust correlates with economic growth How emotion functions in the modern world Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

Michael Covel speaks with Colin Camerer on today’s podcast. Camerer is an American behavioral economist and a Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology (Caltech). Camerer's research is on the interface between cognitive psychology and economics. This work seeks a better understanding of the psychological and neurobiological basis of decision-making in order to determine the validity of models of human economic behavior. His research uses mostly economics experiments—and occasionally field studies—to understand how people behave when making decisions (e.g., risky gambles for money), in games, and in markets (e.g., speculative price bubbles). Covel and Camerer discuss why Camerer was called a child prodigy, and how he looks at that term in the context of nurture vs. nature; synthesizing behavioral economics and neuroscience; understanding Camerer’s studies when traders aren’t looking at the market on a day-to-day basis; how we can stimulate the brain to create a bubble; the ethical issues surrounding Camerer’s work; machine learning and data mining; neuroscience and game theory; comparing humans and chimps in the study of neuroscience; how trust correlates with economic growth; and how emotion functions in the modern world. Want a free trend following DVD? Go to trendfollowing.com/win.  

John Fullerton is the founder of the Capital Institute, a group dedicated to the modest task of rethinking the future of finance. Prior to his work at the Capital Institute, he was the Managing Director of JPMorgan. If there is a moment that encapsulates my conversation with John, it is when he suggests we need a new word to express the interconnected environmental/economic system. Applying an investor's sense of risk management to climate change, John sees our economic status quo as reckless and self-destructive. If we remain transfixed by our model of infinite growth in a finite system, John warns, we are likely to destabilize the natural capital underpinning our economy. If you're hoping John will swoop in with an easy solution here, you're wrong. Transitioning away from an economy based on infinite growth is immensely risky in its own right. Efforts to stabilize the climate would come at the cost of leaving immensely valuable natural resources in the ground, devaluing many of our most important companies, and causing economic havoc. This yields a choice which, John concludes, isn't a choice at all: economic turbulence with a radically altered climate or economic turbulence without a radically altered climate. As The Conversation grows larger and connections multiply, it is becoming harder for me to choose which connections to highlight. Here are a few that I haven't linked back to recently: John is skeptical of the technological/market optimism voiced (however cautiously) by Colin Camerer. At the same time, his association of life with goodness takes us back to Chris McKay. Without any prompting by me, he cites the precautionary principle in a way that supports Carolyn Raffensperger and questions Max More.

John Fullerton is the founder of the Capital Institute, a group dedicated to the modest task of rethinking the future of finance. Prior to his work at the Capital Institute, he was the Managing Director of JPMorgan. If there is a moment that encapsulates my conversation with John, it is when he suggests we need a new word to express the interconnected environmental/economic system. Applying an investor's sense of risk management to climate change, John sees our economic status quo as reckless and self-destructive. If we remain transfixed by our model of infinite growth in a finite system, John warns, we are likely to destabilize the natural capital underpinning our economy. If you're hoping John will swoop in with an easy solution here, you're wrong. Transitioning away from an economy based on infinite growth is immensely risky in its own right. Efforts to stabilize the climate would come at the cost of leaving immensely valuable natural resources in the ground, devaluing many of our most important companies, and causing economic havoc. This yields a choice which, John concludes, isn't a choice at all: economic turbulence with a radically altered climate or economic turbulence without a radically altered climate. As The Conversation grows larger and connections multiply, it is becoming harder for me to choose which connections to highlight. Here are a few that I haven't linked back to recently: John is skeptical of the technological/market optimism voiced (however cautiously) by Colin Camerer. At the same time, his association of life with goodness takes us back to Chris McKay. Without any prompting by me, he cites the precautionary principle in a way that supports Carolyn Raffensperger and questions Max More.

Alexa Clay is an author, economic historian, and director of thought leadership at Ashoka Changemakers. She is co-author of The Misfit Economy, a forthcoming book that looks for economic innovation in the black and gray markets of pirates, hackers, and urban gangs, among others. We begin by talking about economics in the 17th and 18th centuries and its close bonds with philosophy and psychology. From there we trace the increasing abstraction of economics into a formalized, quasi-scientific discipline that has become indecipherable to most people affected by it.  This leads to a discussion of agency and other types of economies that have sprung up on the fringes of our global economy.  Can these "misfit economies" offer a substantive critique of our current economic system?  Do they offer better systems or address the problems of endless growth highlighted by Wes Jackson, Jan Lundberg, and David Korten?  Alexa and I talk about these questions in the body of the episode while Micah and I will return to them in our conclusion. Alexa's conversation has a wealth of interesting connections.  Editing has left a few on the cutting room floor, but many remain: Douglas Rushkoff and quantification, Colin Camerer and neuroeconomics, Lawrence Torcello and the philosophy of John Rawls.  There are far more implicit connections, of which Micah and I talk about Gabriel Stempinski and the sharing economy and Laura Musikanski's Happiness Initiative.

Alexa Clay is an author, economic historian, and director of thought leadership at Ashoka Changemakers. She is co-author of The Misfit Economy, a forthcoming book that looks for economic innovation in the black and gray markets of pirates, hackers, and urban gangs, among others. We begin by talking about economics in the 17th and 18th centuries and its close bonds with philosophy and psychology. From there we trace the increasing abstraction of economics into a formalized, quasi-scientific discipline that has become indecipherable to most people affected by it.  This leads to a discussion of agency and other types of economies that have sprung up on the fringes of our global economy.  Can these "misfit economies" offer a substantive critique of our current economic system?  Do they offer better systems or address the problems of endless growth highlighted by Wes Jackson, Jan Lundberg, and David Korten?  Alexa and I talk about these questions in the body of the episode while Micah and I will return to them in our conclusion. Alexa's conversation has a wealth of interesting connections.  Editing has left a few on the cutting room floor, but many remain: Douglas Rushkoff and quantification, Colin Camerer and neuroeconomics, Lawrence Torcello and the philosophy of John Rawls.  There are far more implicit connections, of which Micah and I talk about Gabriel Stempinski and the sharing economy and Laura Musikanski's Happiness Initiative.

Chuck Collins directs the Institute of Policy Studies Program on Inequality and the Common Good. He has also co-founder of United for a Fair Economy and Wealth for the Common Good, a network of wealthy individuals who embrace fair taxation to support the broader good. He is also the author of 99 to 1: How Wealth Inequality is Wrecking the World and What We Can Do About It and joined Bill Gates, Sr. to co-author Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes. I learned about Chuck through David Korten, only to realize that I already had Resilience Circles—another project he is affiliated with—on my list of potential episode themes. At this point you have probably guessed that Chuck and I spent a lot of time talking about wealth and class, but it's hard to cover those issues without digging into assumptions about human nature. Are we individualistic and selfish? Social and communal? All of the above? Chuck gives us a glimpse into how he pitches economic equality to the 1%, a pitch that involves the importance of the social and ecological commons while recognizing the importance of individual determination. Education makes an appearance and Chuck stresses that, in addition to the social/civic education Lawrence Torcello discussed, we need to remember that we are embedded in an ecological system. Resilience Circles make a brief appearance and new economies come up towards the end of the conversation. You'll probably notice more commonalities and contrasts with plenty of other thinkers. Obviously there are a fair number of similarities between Chuck and David Korten, though our conversations focused on very different themes. Equally interesting, how do Chuck's assertions about human nature and brain science pair with Colin Camerer? Priscilla Grim and Cameron Whitten have discussed class without sharing the environmental concerns of other thinkers in the project, but Chuck suggests that an awareness of the ecological commons is key to encouraging a robust sense of the social commons. It is easy to find contrasts between Chuck and libertarian-leaning thinkers like Max More and Ariel Waldman, but he also shares their appreciation of individual agency.

Dr. Wes Jackson is the founder and director of The Land Institute, a nonprofit dedicated to rethinking agricultural practice and creating new farming systems which result in conservation and ecosystem resilience. Wes's conversation begins with soil and rapidly expands to address how we make choices about the massively complex and intertwined systems we live within--there is definitely a resonance between Wes Jackson, Timothy Morton, and David Korten. The problem of scientific fundamentalism also arises and Wes presents a thorough critique of many ideas put forth by Robert Zubrin and Max More (would Colin Camerer fall into that category? You tell us). Hubris, creativity, limits, and the fallacy of unlimited growth are all major themes as well.

Dr. Wes Jackson is the founder and director of The Land Institute, a nonprofit dedicated to rethinking agricultural practice and creating new farming systems which result in conservation and ecosystem resilience. Wes's conversation begins with soil and rapidly expands to address how we make choices about the massively complex and intertwined systems we live within--there is definitely a resonance between Wes Jackson, Timothy Morton, and David Korten. The problem of scientific fundamentalism also arises and Wes presents a thorough critique of many ideas put forth by Robert Zubrin and Max More (would Colin Camerer fall into that category? You tell us). Hubris, creativity, limits, and the fallacy of unlimited growth are all major themes as well.

Dr. Joseph Tainter is an anthropologist and historian who has studied collapse in numerous ancient civilization and penned The Collapse of Complex Societies. This is our first deeply historical episode and Dr. Tainter begins by offering his definition of complexity and taking us through the story of Western Rome's collapse. Extrapolating from the past, Dr. Tainter paints an alarming scene of our possible future. In our conversation, he critiques the primitivism of John Zerzan, the transhumanism of Max More, and the technological optimism of Ariel Waldman and Colin Camerer. What are we left with? Not optimism, not pessimism but, perhaps, Ragnarok.

Dr. Joseph Tainter is an anthropologist and historian who has studied collapse in numerous ancient civilization and penned The Collapse of Complex Societies. This is our first deeply historical episode and Dr. Tainter begins by offering his definition of complexity and taking us through the story of Western Rome's collapse. Extrapolating from the past, Dr. Tainter paints an alarming scene of our possible future. In our conversation, he critiques the primitivism of John Zerzan, the transhumanism of Max More, and the technological optimism of Ariel Waldman and Colin Camerer. What are we left with? Not optimism, not pessimism but, perhaps, Ragnarok.

Laura Musikanski is the co-founder of the Happiness Initiative and the former Executive Director of Sustainable Seattle. We spoke about her efforts to encourage governments and citizens to rethink gross domestic product as a measure of progress. In lieu of viewing progress in strictly material terms, Larua is advocating a future in which policy decisions are guided by a model of happiness quantification adapted from Bhutan. Laura's conversation has several points of resonance with Cameron Whitten, both because of her focus on social justice and her prioritizing collaborative conversation over specific methods of reform. Her methods of measuring and promoting happiness make an interesting complement (juxtaposition?) to the neuroscience and behavioral economics of Colin Camerer.

Laura Musikanski is the co-founder of the Happiness Initiative and the former Executive Director of Sustainable Seattle. We spoke about her efforts to encourage governments and citizens to rethink gross domestic product as a measure of progress. In lieu of viewing progress in strictly material terms, Larua is advocating a future in which policy decisions are guided by a model of happiness quantification adapted from Bhutan. Laura's conversation has several points of resonance with Cameron Whitten, both because of her focus on social justice and her prioritizing collaborative conversation over specific methods of reform. Her methods of measuring and promoting happiness make an interesting complement (juxtaposition?) to the neuroscience and behavioral economics of Colin Camerer.

Cameron Whitten is, in his own words, a "shameless agitator" from Portland, Oregon.  He became politically active during the Occupy Portland movement and, at twenty, made a bid to become the mayor of the Rose City with endorsements from the Green Party and Oregon Progressive Party.  As of this posting, Whitten is on day 44 of a hunger strike designed to spark the Portland City Council to address issues of housing inequality. We spoke about Occupy, equality, and the idea of The Conversation.  For Whitten, The Conversation is a first step to addressing issues of class inequality, which he considers the greatest crisis our era.  This marks the first extended discussion of class in The Conversation, but it is worth juxtaposing Whitten's view next to the belief in incremental improvement that pervaded my talks with Max More, Colin Camerer, Chris McKay, and Ariel Waldman. Interestingly, Whitten also brushes aside the issue of population growth that has surfaced in conversations from Jan Lundberg to John Zerzan.  There are abundant resources, Whitten claims, rather the question is of distribution.

Cameron Whitten is, in his own words, a "shameless agitator" from Portland, Oregon.  He became politically active during the Occupy Portland movement and, at twenty, made a bid to become the mayor of the Rose City with endorsements from the Green Party and Oregon Progressive Party.  As of this posting, Whitten is on day 44 of a hunger strike designed to spark the Portland City Council to address issues of housing inequality. We spoke about Occupy, equality, and the idea of The Conversation.  For Whitten, The Conversation is a first step to addressing issues of class inequality, which he considers the greatest crisis our era.  This marks the first extended discussion of class in The Conversation, but it is worth juxtaposing Whitten's view next to the belief in incremental improvement that pervaded my talks with Max More, Colin Camerer, Chris McKay, and Ariel Waldman. Interestingly, Whitten also brushes aside the issue of population growth that has surfaced in conversations from Jan Lundberg to John Zerzan.  There are abundant resources, Whitten claims, rather the question is of distribution.

Dan Ariely, Colin Camerer