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(0:00) Intro.(1:19) About the podcast sponsor: The American College of Governance Counsel.(2:05) Start of interview.(2:58) Greg's "origin story." (5:31) His teaching focus.(8:04) Discussion on startups and venture capital and the era of AI. Behavioral finance and bubbles. (11:17) Bubbles in private (VC and PE) and public markets.(15:12) Staying private vs going public fundamentals.(20:05) The role of governance and advice from directors to CEOs.(22:43) On growth of private equity.(28:00) On the rise and importance of AI. Analogy to electricity. *Reference to Paul David's research.(29:31) On Elon Musk's compensation litigation and the recent Tesla stockholder comp ratification.(36:13) On the role of directors. "It's really hard to be a good board member." "[Directors] better darn well get comfortable with asking not only tough questions, but dumb questions."(40:32) On Texas and Delaware's corporate law competition.(42:04) On the politicization of the boardroom (i.e. ESG) and geopolitics involving China.(48:11) Books that he recommends reading: The History of English Law Before the Time of Edward I by Pollock and Maitland (1895).(48:57) His mentors in the area of law.(50:47) Quotes that he thinks of often or lives his life by.(51:57) An unusual habit or absurd thing that he loves.(54:16) About his podcast Unsiloed.Greg LaBlanc is a Lecturer and Distinguished Teaching Fellow at Berkeley, Stanford, HEC Paris and other prestigious institutions. Greg teaches a wide range of subjects, including finance, strategy, law, innovation, data science, and digital transformation. He is also the host of the podcast Unsiloed. You can follow Evan on social media at:Twitter: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__You can join as a Patron of the Boardroom Governance Podcast at:Patreon: patreon.com/BoardroomGovernancePod__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License
Does the financial world need a shake-up? By venturing into the minds of Nassim Taleb and Benoit Mandelbrot, two outliers who challenge the status quo of modern portfolio theory and efficient market hypothesis, we can find groundbreaking theories with implications for the financial sphere, especially in the face of unpredictable "Black Swan" events.Scott Patterson is a journalist with The Wall Street Journal and also the author of Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis, Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market, and The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It, all of which factor into this episode.Scott and Greg discuss the financial ups and downs of the stock market and traders who tried to ride the wave or predict when bubbles were going to burst. Scott talks about covering climate change for the Journal and the way it complicates predicting what start-ups will end up on top. Dive into the subtle and sometimes blurry distinctions between investing and gambling and find out what can make a company shut off its computers on this episode of UnSILOed.*unSILOed Podcast is produced by University FM.*Episode Quotes:Is climate change the big dog in the world of crises?42:12: Climate change is what I write about in the journal—that's my beat—so I wanted the book (Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis) to be not just about buying out-of- the-money options to protect your portfolio. I wanted it to be broader in terms of thinking about the risks that we face. And that's in the subtitle of the book, The New Age of Crisis, which I try to make an argument that we're entering a world of crises that are manifesting and overlapping more and magnifying the nature of the crisis. Some people call it the polycrisis, and climate, I think, is the big dog in that crisis world.On the risk of high-speed contagion across markets36:00: The risk of a high-speed contagion across markets is something we should be concerned about...[36:33] With high-speed trading, I was on the front lines there reporting it. It wasn't a well-known phenomenon. And I found it very alarming that the financial markets evolved into this race to trade microseconds faster than the next guy.The inconvenient truth of ignoring fat tails06:55: Nassim [Taleb] one time showed me an email that he'd gotten from a very well-known, respected academic in finance, who conceded to Nassim that, yes, we know that these fat tails exist, but our models don't work if we incorporate them into the models. And that's the problem: if you recognize that there is potential for three, four, five sigma events, then you have to put a fat tail into the model. And that's fine. But as long as the people running trading desks and executives understand that if you have a value-at-risk model, it's not capturing the real risk that you're going to be facing because it carves out 5 percent of the volatility, of the extreme volatility over a year.Is high-speed computer trading a threat to financial markets?38:32: In 2020, there were some extremely insane things going on in the markets, and I think probably negative oil prices and bonds. You couldn't buy a Treasury bond or sell a Treasury bond for a while at one point. Not normal. But I think a lot of that was not just an exogenous event: COVID was causing the global economy to seize up, and that moved into financial markets. Central bankers came in and threw a bunch of money at it, and cleaned out the pipes. But this idea of a high-speed computer-driven contagion is something I've always been concerned about, but I don't think we've seen that yet.Show Links:Recommended Resources:Nassim Nicholas TalebBenoit MandelbrotMark SpitznagelCalPERSUniversaRecency BiasEmpirica CapitalBlack Swan TheoryRobert LittermanFischer BlackGuest Profile:Professional Profile on Wall Street JournalScott Patterson on LinkedInScott Patterson on XHis Work:Chaos Kings: How Wall Street Traders Make Billions in the New Age of CrisisDark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock MarketThe Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed ItWall Street Journal ArticlesMuck Rack Articles
Should we separate decisions related to love and money, approaching finance and career-related decisions solely in a rational way while relying more on our emotions in the personal domain? Perhaps it's time to start using both our heads and hearts together when making life's most significant decisions. Myra Strober is an emerita Professor at the Schools of Education and Business at Stanford University. She also sits on the board of journal Feminist Economics and is the former president of the International Association for Feminist Economics. Abby Davisson is a social innovation leader and career development expert. She is a senior leader on global retailer Gap Inc.'s Environmental, Social, & Governance (ESG) team and is President of Gap Foundation. She is also an alumni career advisor at Stanford's Graduate School of Business. Together they wrote the book Money and Love: An Intelligent Roadmap for Life's Biggest Decisions, exploring how to navigate life's most consequential and daunting decisions. Myra, Abby, and Greg discuss the importance of incorporating decision-making into an interdisciplinary curriculum at an early stage for students to equip them with the skills to make optimal strategic choices while avoiding the need to compromise their professional or personal lives. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Should we separate decisions related to love and money, approaching finance and career-related decisions solely in a rational way while relying more on our emotions in the personal domain? Perhaps it's time to start using both our heads and hearts together when making life's most significant decisions. Myra Strober is an emerita Professor at the Schools of Education and Business at Stanford University. She also sits on the board of journal Feminist Economics and is the former president of the International Association for Feminist Economics. Abby Davisson is a social innovation leader and career development expert. She is a senior leader on global retailer Gap Inc.'s Environmental, Social, & Governance (ESG) team and is President of Gap Foundation. She is also an alumni career advisor at Stanford's Graduate School of Business. Together they wrote the book Money and Love: An Intelligent Roadmap for Life's Biggest Decisions, exploring how to navigate life's most consequential and daunting decisions. Myra, Abby, and Greg discuss the importance of incorporating decision-making into an interdisciplinary curriculum at an early stage for students to equip them with the skills to make optimal strategic choices while avoiding the need to compromise their professional or personal lives. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Should we separate decisions related to love and money, approaching finance and career-related decisions solely in a rational way while relying more on our emotions in the personal domain? Perhaps it's time to start using both our heads and hearts together when making life's most significant decisions. Myra Strober is an emerita Professor at the Schools of Education and Business at Stanford University. She also sits on the board of journal Feminist Economics and is the former president of the International Association for Feminist Economics. Abby Davisson is a social innovation leader and career development expert. She is a senior leader on global retailer Gap Inc.'s Environmental, Social, & Governance (ESG) team and is President of Gap Foundation. She is also an alumni career advisor at Stanford's Graduate School of Business. Together they wrote the book Money and Love: An Intelligent Roadmap for Life's Biggest Decisions, exploring how to navigate life's most consequential and daunting decisions. Myra, Abby, and Greg discuss the importance of incorporating decision-making into an interdisciplinary curriculum at an early stage for students to equip them with the skills to make optimal strategic choices while avoiding the need to compromise their professional or personal lives. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/psychology
Should we separate decisions related to love and money, approaching finance and career-related decisions solely in a rational way while relying more on our emotions in the personal domain? Perhaps it's time to start using both our heads and hearts together when making life's most significant decisions. Myra Strober is an emerita Professor at the Schools of Education and Business at Stanford University. She also sits on the board of journal Feminist Economics and is the former president of the International Association for Feminist Economics. Abby Davisson is a social innovation leader and career development expert. She is a senior leader on global retailer Gap Inc.'s Environmental, Social, & Governance (ESG) team and is President of Gap Foundation. She is also an alumni career advisor at Stanford's Graduate School of Business. Together they wrote the book Money and Love: An Intelligent Roadmap for Life's Biggest Decisions, exploring how to navigate life's most consequential and daunting decisions. Myra, Abby, and Greg discuss the importance of incorporating decision-making into an interdisciplinary curriculum at an early stage for students to equip them with the skills to make optimal strategic choices while avoiding the need to compromise their professional or personal lives. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/education
Should we separate decisions related to love and money, approaching finance and career-related decisions solely in a rational way while relying more on our emotions in the personal domain? Perhaps it's time to start using both our heads and hearts together when making life's most significant decisions. Myra Strober is an emerita Professor at the Schools of Education and Business at Stanford University. She also sits on the board of journal Feminist Economics and is the former president of the International Association for Feminist Economics. Abby Davisson is a social innovation leader and career development expert. She is a senior leader on global retailer Gap Inc.'s Environmental, Social, & Governance (ESG) team and is President of Gap Foundation. She is also an alumni career advisor at Stanford's Graduate School of Business. Together they wrote the book Money and Love: An Intelligent Roadmap for Life's Biggest Decisions, exploring how to navigate life's most consequential and daunting decisions. Myra, Abby, and Greg discuss the importance of incorporating decision-making into an interdisciplinary curriculum at an early stage for students to equip them with the skills to make optimal strategic choices while avoiding the need to compromise their professional or personal lives. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices
Every time we make a choice, our minds go through an elaborate process most of us never even notice. We're influenced by subtle aspects of the way the choice is presented that often make the difference between a good decision and a bad one. How do we overcome the common faults in our decision-making and enable better choices in any situation? This question and more are answered in our guests latest book, The Elements of Choice: Why the Way We Decide Matters. Eric Johnson is a faculty member at the Columbia Business School at Columbia University where he is the inaugural holder of the Norman Eig Chair of Business, and Director of the Center for Decision Sciences. His research examines the interface between Behavioral Decision Research, Economics and the decisions made by consumers, managers, and their implications for public policy, markets and marketing. Eric and Greg analyze choice architecture from many angles in this episode, as well as touching on menu science, the problem with alphabetizing, and the impacts of good choice architecture on education. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Every time we make a choice, our minds go through an elaborate process most of us never even notice. We're influenced by subtle aspects of the way the choice is presented that often make the difference between a good decision and a bad one. How do we overcome the common faults in our decision-making and enable better choices in any situation? This question and more are answered in our guests latest book, The Elements of Choice: Why the Way We Decide Matters. Eric Johnson is a faculty member at the Columbia Business School at Columbia University where he is the inaugural holder of the Norman Eig Chair of Business, and Director of the Center for Decision Sciences. His research examines the interface between Behavioral Decision Research, Economics and the decisions made by consumers, managers, and their implications for public policy, markets and marketing. Eric and Greg analyze choice architecture from many angles in this episode, as well as touching on menu science, the problem with alphabetizing, and the impacts of good choice architecture on education. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/psychology
Every time we make a choice, our minds go through an elaborate process most of us never even notice. We're influenced by subtle aspects of the way the choice is presented that often make the difference between a good decision and a bad one. How do we overcome the common faults in our decision-making and enable better choices in any situation? This question and more are answered in our guests latest book, The Elements of Choice: Why the Way We Decide Matters. Eric Johnson is a faculty member at the Columbia Business School at Columbia University where he is the inaugural holder of the Norman Eig Chair of Business, and Director of the Center for Decision Sciences. His research examines the interface between Behavioral Decision Research, Economics and the decisions made by consumers, managers, and their implications for public policy, markets and marketing. Eric and Greg analyze choice architecture from many angles in this episode, as well as touching on menu science, the problem with alphabetizing, and the impacts of good choice architecture on education. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices
When we think about the greatest innovators of our time (Benjamin Franklin, Steve Jobs, Frank Lloyd Wright) we often hear about their work ethic. But one thing that all of these innovators have in common is their ability to walk away from the work. They nap, they garden, and they go shopping to give themselves a break from the problem they are working on and look for inspiration in the real world. They gave themselves space to let inspiration come to them, rather than trying to force it. In this episode of unSILOed, Greg talks with Stanford professor Jeremy Utley about his new book (co-authored with Perry Klebahn) Ideaflow: The Only Business Metric That Matters (Portfolio, 2022), which gives readers a strategy to come up with better ideas and determine which ones are worth pursuing. Jeremy Utley is a Director of Executive Education at Stanford's renowned Hasso Plattner Institute of Design (the d.school) and works with leaders around the world to untap their abilities to innovate better and more effectively. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
When we think about the greatest innovators of our time (Benjamin Franklin, Steve Jobs, Frank Lloyd Wright) we often hear about their work ethic. But one thing that all of these innovators have in common is their ability to walk away from the work. They nap, they garden, and they go shopping to give themselves a break from the problem they are working on and look for inspiration in the real world. They gave themselves space to let inspiration come to them, rather than trying to force it. In this episode of unSILOed, Greg talks with Stanford professor Jeremy Utley about his new book (co-authored with Perry Klebahn) Ideaflow: The Only Business Metric That Matters (Portfolio, 2022), which gives readers a strategy to come up with better ideas and determine which ones are worth pursuing. Jeremy Utley is a Director of Executive Education at Stanford's renowned Hasso Plattner Institute of Design (the d.school) and works with leaders around the world to untap their abilities to innovate better and more effectively. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices
What is art, and who gets to define it? Museums have long staked a claim on knowing what to show, but there has always been a wide range of how viewers engage with art. There is also a wide range of artists and what is considered art, from classical masters like Titian to modern conceptual artists like Marcel Duchamp. Lance Esplund is an art critic, journalist, educator, and author. His book, titled The Art of Looking: How to Read Modern and Contemporary Art, is about telling the reader how to become a better viewer of art, what to look for, and how to engage with the works of more conceptual and modern artists. Lance and Greg discuss how people can think when they engage with works of art, and the intentions that can be known from the artists. They discuss art history courses and what they get right and wrong, how art is always changing and yet still the same as the cave paintings in Lascaux, France, and Lance's tips for how to go through a museum. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
What is art, and who gets to define it? Museums have long staked a claim on knowing what to show, but there has always been a wide range of how viewers engage with art. There is also a wide range of artists and what is considered art, from classical masters like Titian to modern conceptual artists like Marcel Duchamp. Lance Esplund is an art critic, journalist, educator, and author. His book, titled The Art of Looking: How to Read Modern and Contemporary Art, is about telling the reader how to become a better viewer of art, what to look for, and how to engage with the works of more conceptual and modern artists. Lance and Greg discuss how people can think when they engage with works of art, and the intentions that can be known from the artists. They discuss art history courses and what they get right and wrong, how art is always changing and yet still the same as the cave paintings in Lascaux, France, and Lance's tips for how to go through a museum. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/performing-arts
What is art, and who gets to define it? Museums have long staked a claim on knowing what to show, but there has always been a wide range of how viewers engage with art. There is also a wide range of artists and what is considered art, from classical masters like Titian to modern conceptual artists like Marcel Duchamp. Lance Esplund is an art critic, journalist, educator, and author. His book, titled The Art of Looking: How to Read Modern and Contemporary Art, is about telling the reader how to become a better viewer of art, what to look for, and how to engage with the works of more conceptual and modern artists. Lance and Greg discuss how people can think when they engage with works of art, and the intentions that can be known from the artists. They discuss art history courses and what they get right and wrong, how art is always changing and yet still the same as the cave paintings in Lascaux, France, and Lance's tips for how to go through a museum. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/art
In a world of either/or tradeoffs, it sometimes pays to explore the possibility of and/or. By changing our perspective and embracing paradox, we can see possibilities that were obscured by our tendency to see only tradeoffs. Wendy K. Smith is the Dana J. Johnson Professor of Business at the University of Delaware and co-founder of the Women's Leadership Initiative. She is also an author, and with Marianne Lewis, their latest book is Both/And Thinking: Embracing Creative Tensions to Solve Your Toughest Problems, about how to navigate the inevitable paradoxes and demands of life and the world. Wendy and Greg discuss Wendy's book and what she has learned about paradoxes and the changes made possible when you replace ‘Either/Or thinking with ‘Both/And' thinking. They discuss this approach and how you can learn from fields as diverse as philosophy, therapy, and improv, as well as Wendy's three conditions of Change, Plurality, and Scarcity. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
In a world of either/or tradeoffs, it sometimes pays to explore the possibility of and/or. By changing our perspective and embracing paradox, we can see possibilities that were obscured by our tendency to see only tradeoffs. Wendy K. Smith is the Dana J. Johnson Professor of Business at the University of Delaware and co-founder of the Women's Leadership Initiative. She is also an author, and with Marianne Lewis, their latest book is Both/And Thinking: Embracing Creative Tensions to Solve Your Toughest Problems, about how to navigate the inevitable paradoxes and demands of life and the world. Wendy and Greg discuss Wendy's book and what she has learned about paradoxes and the changes made possible when you replace ‘Either/Or thinking with ‘Both/And' thinking. They discuss this approach and how you can learn from fields as diverse as philosophy, therapy, and improv, as well as Wendy's three conditions of Change, Plurality, and Scarcity. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/psychology
In a world of either/or tradeoffs, it sometimes pays to explore the possibility of and/or. By changing our perspective and embracing paradox, we can see possibilities that were obscured by our tendency to see only tradeoffs. Wendy K. Smith is the Dana J. Johnson Professor of Business at the University of Delaware and co-founder of the Women's Leadership Initiative. She is also an author, and with Marianne Lewis, their latest book is Both/And Thinking: Embracing Creative Tensions to Solve Your Toughest Problems, about how to navigate the inevitable paradoxes and demands of life and the world. Wendy and Greg discuss Wendy's book and what she has learned about paradoxes and the changes made possible when you replace ‘Either/Or thinking with ‘Both/And' thinking. They discuss this approach and how you can learn from fields as diverse as philosophy, therapy, and improv, as well as Wendy's three conditions of Change, Plurality, and Scarcity. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices
Does a strong state mean a weak market? This is a common misconception amongst economists. Many view the state as either taxing and regulating the market too much or too little. However, the truth is that state capacity is just not well conceptualized in economic theory. James A. Robinson is a political scientist, economist, and professor at the University of Chicago. His recent book, co-authored with Daron Acemoglu, The Narrow Corridor: States, Societies, and the Fate of Liberty, explores the critical balance needed between state and society and how liberty can continue to thrive despite threats from both sides. James and Greg explore the correlation between inclusive political institutions and economic growth and prosperity and why the absence of state capacity in developing nations is a major contributing factor to their economic struggles. This highlights the necessity for a genuine debate on whether strong governments and effective state institutions facilitate or stifle independence and innovation. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Does a strong state mean a weak market? This is a common misconception amongst economists. Many view the state as either taxing and regulating the market too much or too little. However, the truth is that state capacity is just not well conceptualized in economic theory. James A. Robinson is a political scientist, economist, and professor at the University of Chicago. His recent book, co-authored with Daron Acemoglu, The Narrow Corridor: States, Societies, and the Fate of Liberty, explores the critical balance needed between state and society and how liberty can continue to thrive despite threats from both sides. James and Greg explore the correlation between inclusive political institutions and economic growth and prosperity and why the absence of state capacity in developing nations is a major contributing factor to their economic struggles. This highlights the necessity for a genuine debate on whether strong governments and effective state institutions facilitate or stifle independence and innovation. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science
Does a strong state mean a weak market? This is a common misconception amongst economists. Many view the state as either taxing and regulating the market too much or too little. However, the truth is that state capacity is just not well conceptualized in economic theory. James A. Robinson is a political scientist, economist, and professor at the University of Chicago. His recent book, co-authored with Daron Acemoglu, The Narrow Corridor: States, Societies, and the Fate of Liberty, explores the critical balance needed between state and society and how liberty can continue to thrive despite threats from both sides. James and Greg explore the correlation between inclusive political institutions and economic growth and prosperity and why the absence of state capacity in developing nations is a major contributing factor to their economic struggles. This highlights the necessity for a genuine debate on whether strong governments and effective state institutions facilitate or stifle independence and innovation. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology
Does a strong state mean a weak market? This is a common misconception amongst economists. Many view the state as either taxing and regulating the market too much or too little. However, the truth is that state capacity is just not well conceptualized in economic theory. James A. Robinson is a political scientist, economist, and professor at the University of Chicago. His recent book, co-authored with Daron Acemoglu, The Narrow Corridor: States, Societies, and the Fate of Liberty, explores the critical balance needed between state and society and how liberty can continue to thrive despite threats from both sides. James and Greg explore the correlation between inclusive political institutions and economic growth and prosperity and why the absence of state capacity in developing nations is a major contributing factor to their economic struggles. This highlights the necessity for a genuine debate on whether strong governments and effective state institutions facilitate or stifle independence and innovation. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
Does a strong state mean a weak market? This is a common misconception amongst economists. Many view the state as either taxing and regulating the market too much or too little. However, the truth is that state capacity is just not well conceptualized in economic theory. James A. Robinson is a political scientist, economist, and professor at the University of Chicago. His recent book, co-authored with Daron Acemoglu, The Narrow Corridor: States, Societies, and the Fate of Liberty, explores the critical balance needed between state and society and how liberty can continue to thrive despite threats from both sides. James and Greg explore the correlation between inclusive political institutions and economic growth and prosperity and why the absence of state capacity in developing nations is a major contributing factor to their economic struggles. This highlights the necessity for a genuine debate on whether strong governments and effective state institutions facilitate or stifle independence and innovation. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices
The fear of algorithmic decision-making and surveillance capitalism dominate today's tech policy discussions. But instead of simply criticizing big data and automation, we can harness technology to correct discrimination, historical exclusions, and subvert long-standing stereotypes. Orly Lobel is the author of The Equality Machine: Harnessing Digital Technology for a Brighter, More Inclusive Future and Warren Distinguished Professor of Law at the University of San Diego School of Law. Lobel is one of the nation's foremost legal experts on labor and employment law. She is also one of the nation's top-cited young legal scholars. Orly and Greg discuss how collecting more data and adding more inputs into decision algorithms may be beneficial to expose disparities in current frameworks in the real world, and help us to right past injustices and ongoing inequities. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
The fear of algorithmic decision-making and surveillance capitalism dominate today's tech policy discussions. But instead of simply criticizing big data and automation, we can harness technology to correct discrimination, historical exclusions, and subvert long-standing stereotypes. Orly Lobel is the author of The Equality Machine: Harnessing Digital Technology for a Brighter, More Inclusive Future and Warren Distinguished Professor of Law at the University of San Diego School of Law. Lobel is one of the nation's foremost legal experts on labor and employment law. She is also one of the nation's top-cited young legal scholars. Orly and Greg discuss how collecting more data and adding more inputs into decision algorithms may be beneficial to expose disparities in current frameworks in the real world, and help us to right past injustices and ongoing inequities. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory
The fear of algorithmic decision-making and surveillance capitalism dominate today's tech policy discussions. But instead of simply criticizing big data and automation, we can harness technology to correct discrimination, historical exclusions, and subvert long-standing stereotypes. Orly Lobel is the author of The Equality Machine: Harnessing Digital Technology for a Brighter, More Inclusive Future and Warren Distinguished Professor of Law at the University of San Diego School of Law. Lobel is one of the nation's foremost legal experts on labor and employment law. She is also one of the nation's top-cited young legal scholars. Orly and Greg discuss how collecting more data and adding more inputs into decision algorithms may be beneficial to expose disparities in current frameworks in the real world, and help us to right past injustices and ongoing inequities. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy
The fear of algorithmic decision-making and surveillance capitalism dominate today's tech policy discussions. But instead of simply criticizing big data and automation, we can harness technology to correct discrimination, historical exclusions, and subvert long-standing stereotypes. Orly Lobel is the author of The Equality Machine: Harnessing Digital Technology for a Brighter, More Inclusive Future and Warren Distinguished Professor of Law at the University of San Diego School of Law. Lobel is one of the nation's foremost legal experts on labor and employment law. She is also one of the nation's top-cited young legal scholars. Orly and Greg discuss how collecting more data and adding more inputs into decision algorithms may be beneficial to expose disparities in current frameworks in the real world, and help us to right past injustices and ongoing inequities. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/science-technology-and-society
The fear of algorithmic decision-making and surveillance capitalism dominate today's tech policy discussions. But instead of simply criticizing big data and automation, we can harness technology to correct discrimination, historical exclusions, and subvert long-standing stereotypes. Orly Lobel is the author of The Equality Machine: Harnessing Digital Technology for a Brighter, More Inclusive Future and Warren Distinguished Professor of Law at the University of San Diego School of Law. Lobel is one of the nation's foremost legal experts on labor and employment law. She is also one of the nation's top-cited young legal scholars. Orly and Greg discuss how collecting more data and adding more inputs into decision algorithms may be beneficial to expose disparities in current frameworks in the real world, and help us to right past injustices and ongoing inequities. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/law
The fear of algorithmic decision-making and surveillance capitalism dominate today's tech policy discussions. But instead of simply criticizing big data and automation, we can harness technology to correct discrimination, historical exclusions, and subvert long-standing stereotypes. Orly Lobel is the author of The Equality Machine: Harnessing Digital Technology for a Brighter, More Inclusive Future and Warren Distinguished Professor of Law at the University of San Diego School of Law. Lobel is one of the nation's foremost legal experts on labor and employment law. She is also one of the nation's top-cited young legal scholars. Orly and Greg discuss how collecting more data and adding more inputs into decision algorithms may be beneficial to expose disparities in current frameworks in the real world, and help us to right past injustices and ongoing inequities. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/technology
The fear of algorithmic decision-making and surveillance capitalism dominate today's tech policy discussions. But instead of simply criticizing big data and automation, we can harness technology to correct discrimination, historical exclusions, and subvert long-standing stereotypes. Orly Lobel is the author of The Equality Machine: Harnessing Digital Technology for a Brighter, More Inclusive Future and Warren Distinguished Professor of Law at the University of San Diego School of Law. Lobel is one of the nation's foremost legal experts on labor and employment law. She is also one of the nation's top-cited young legal scholars. Orly and Greg discuss how collecting more data and adding more inputs into decision algorithms may be beneficial to expose disparities in current frameworks in the real world, and help us to right past injustices and ongoing inequities. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices
Everyone loves a good story, but more than that, we as humans are programmed on a genetic level to share and learn all kinds of information through stories. When you tap into the power of that response you can use it to engage people on all levels, from customers to audiences to investors, and achieve a connection with them on a fundamental level. David Riemer is a lecturer at the University of California's Haas School of Business and adviser at Berkeley's Skydeck Accelerator, where He has been called the “startup whisperer” He has recently put his insight into a book, Get Your Startup Story Straight: The Definitive Storytelling Framework for Innovators and Entrepreneurs, which is all about how founders can use the power of stories to enhance their chances in business. David and Greg discuss how this response to story evolved, how to form your core product story, some examples where storytelling was the x-factor to success for different startups and founders, and other examples of storytelling in other industries like advertising and blockbuster movies tying together an audience through the shared understanding that makes us human. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Everyone loves a good story, but more than that, we as humans are programmed on a genetic level to share and learn all kinds of information through stories. When you tap into the power of that response you can use it to engage people on all levels, from customers to audiences to investors, and achieve a connection with them on a fundamental level. David Riemer is a lecturer at the University of California's Haas School of Business and adviser at Berkeley's Skydeck Accelerator, where He has been called the “startup whisperer” He has recently put his insight into a book, Get Your Startup Story Straight: The Definitive Storytelling Framework for Innovators and Entrepreneurs, which is all about how founders can use the power of stories to enhance their chances in business. David and Greg discuss how this response to story evolved, how to form your core product story, some examples where storytelling was the x-factor to success for different startups and founders, and other examples of storytelling in other industries like advertising and blockbuster movies tying together an audience through the shared understanding that makes us human. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices
No matter what industry we all work in, productivity is key. Not only is managing our time properly good for getting all of our tasks done but also spending time doing things we love. In this episode of unSILOed, Robert Pozen shares methods to creating priorities for your time, ways to protect your time, and making sure you're spending each day addressing your priorities. Robert Pozen is the author of Extreme Productivity: Boost Your Results, Reduce Your Hours as well as (with Alexandra Samuel) Remote, Inc.: How to Thrive at Work…Wherever You Are. He teaches at the MIT Sloan School of Management. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
What do financial bubbles and religious millenarianism have in common? They both involve collective delusion. When Charles Mackey wrote a book on the Madness of Crowds in the 19th century, he could not have imagined that religious and financial bubbles will continue to reappear, but as Willam Bernstein points out, the world has not gotten any saner. William Bernstein is an investment manager and the author of a number of books including, The Delusions Of Crowds: Why People Go Mad in Groups and The Birth of Plenty: How the Prosperity of the Modern World was Created. And before his work in finance, he spent more than 30 years practicing medicine. William and Greg discuss the difference between intelligence and rationality, how human nature is rooted in imitation and mimicry, and the end of the world. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
What do financial bubbles and religious millenarianism have in common? They both involve collective delusion. When Charles Mackey wrote a book on the Madness of Crowds in the 19th century, he could not have imagined that religious and financial bubbles will continue to reappear, but as Willam Bernstein points out, the world has not gotten any saner. William Bernstein is an investment manager and the author of a number of books including, The Delusions Of Crowds: Why People Go Mad in Groups and The Birth of Plenty: How the Prosperity of the Modern World was Created. And before his work in finance, he spent more than 30 years practicing medicine. William and Greg discuss the difference between intelligence and rationality, how human nature is rooted in imitation and mimicry, and the end of the world. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology
What do financial bubbles and religious millenarianism have in common? They both involve collective delusion. When Charles Mackey wrote a book on the Madness of Crowds in the 19th century, he could not have imagined that religious and financial bubbles will continue to reappear, but as Willam Bernstein points out, the world has not gotten any saner. William Bernstein is an investment manager and the author of a number of books including, The Delusions Of Crowds: Why People Go Mad in Groups and The Birth of Plenty: How the Prosperity of the Modern World was Created. And before his work in finance, he spent more than 30 years practicing medicine. William and Greg discuss the difference between intelligence and rationality, how human nature is rooted in imitation and mimicry, and the end of the world. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/religion
What do financial bubbles and religious millenarianism have in common? They both involve collective delusion. When Charles Mackey wrote a book on the Madness of Crowds in the 19th century, he could not have imagined that religious and financial bubbles will continue to reappear, but as Willam Bernstein points out, the world has not gotten any saner. William Bernstein is an investment manager and the author of a number of books including, The Delusions Of Crowds: Why People Go Mad in Groups and The Birth of Plenty: How the Prosperity of the Modern World was Created. And before his work in finance, he spent more than 30 years practicing medicine. William and Greg discuss the difference between intelligence and rationality, how human nature is rooted in imitation and mimicry, and the end of the world. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
No matter what industry we all work in, productivity is key. Not only is managing our time properly good for getting all of our tasks done but also spending time doing things we love. In this episode of unSILOed, Robert Pozen shares methods to creating priorities for your time, ways to protect your time, and making sure you're spending each day addressing your priorities. Robert Pozen is the author of Extreme Productivity: Boost Your Results, Reduce Your Hours as well as (with Alexandra Samuel) Remote, Inc.: How to Thrive at Work…Wherever You Are. He teaches at the MIT Sloan School of Management. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices
What do financial bubbles and religious millenarianism have in common? They both involve collective delusion. When Charles Mackey wrote a book on the Madness of Crowds in the 19th century, he could not have imagined that religious and financial bubbles will continue to reappear, but as Willam Bernstein points out, the world has not gotten any saner. William Bernstein is an investment manager and the author of a number of books including, The Delusions Of Crowds: Why People Go Mad in Groups and The Birth of Plenty: How the Prosperity of the Modern World was Created. And before his work in finance, he spent more than 30 years practicing medicine. William and Greg discuss the difference between intelligence and rationality, how human nature is rooted in imitation and mimicry, and the end of the world. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices
What do financial bubbles and religious millenarianism have in common? They both involve collective delusion. When Charles Mackey wrote a book on the Madness of Crowds in the 19th century, he could not have imagined that religious and financial bubbles will continue to reappear, but as Willam Bernstein points out, the world has not gotten any saner. William Bernstein is an investment manager and the author of a number of books including, The Delusions Of Crowds: Why People Go Mad in Groups and The Birth of Plenty: How the Prosperity of the Modern World was Created. And before his work in finance, he spent more than 30 years practicing medicine. William and Greg discuss the difference between intelligence and rationality, how human nature is rooted in imitation and mimicry, and the end of the world. Gregory LaBlanc is a lifelong educator with degrees in History, PPE, Business, and Law, Greg currently teaches at Berkeley, Stanford, and HEC Paris. He has taught in multiple disciplines, from Engineering to Economics, from Biology to Business, from Psychology to Philosophy. He is the host of the unSILOed podcast. unSILOed is produced by University FM. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance
We've all been there — we think we understand something, but when it comes time to explain it to someone else, we flounder.According to Gregory LaBlanc, a lecturer in management at Stanford GSB, attempting to communicate concepts reveals whether or not we properly grasped them in the first place. “If you think you understand something but you're incapable of communicating it, it probably means that you don't really understand it,” he says.For communication to be effective, LaBlanc says it's not enough to transmit a message. As he and Matt Abrahams discuss on this episode of Think Fast, Talk Smart, we have to be skilled translators, adept at decoding our ideas and recoding them in ways our audience will understand.LaBlanc is the host of unSILOed, a podcast produced by University.fm. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this episode of UnSiloed, we cover a range of topics, including the recent acquisition of PornHub, the monetization of pornography, ways to better protect at-risk individuals, and the minimum wage map presented by Visual Capital. We also discuss the Silicon Valley Bank collapse and the government's response to the issue.Topics and Questions Covered: (00:28) - PornHub acquisition by Ethical Capital Partners.(03:41) - The monetization of pornography.(08:37) - Charlie's 3 reasons on why any advancement for PornHub is bad for the world.(12:18) - How do we better protect the most at risk people from being abused?(20:56) - Visual Capital's article on minimum wage around the world.(24:23) - How do you view the minimum wage being a solution for home ownership?(29:21) - Pros and Cons of government intervention on minimum wage.(34:02) - The Silicon Valley Bank collapse.(40:47) - The government's response to the collapse and the challenge of working with big banks.(45:25) - Courage or Cringe!Articles Mentioned:PornHub Sold to Private Equity FirmMinimum Wage Around the WorldSilicon Valley Bank Had No Official Chief Risk Officer Podcast Production Services by EveryWord Media
Food is much better and more interesting when it combines many cuisines. So too is economics more fruitful when it sources from different schools. While many countries have seen their diets expand, the profession of economics increasingly relies on “monocropping”, drawing only from the neo-classical school. In his latest book, Edible Economics, economist Ha Joon Chang uses the ever changing food culture to help readers understand how economic theories are also constantly evolving and merging. In this episode of unSILOed, Chang and Greg discuss Chang's new ideas around economic theories and how food can guide us into that new way of thinking. Ha Joon Chang is an economist based at the University of London. He's also taught at The University of Cambridge. He is the author of 17 economics books. Episode Quotes:The effect of free trade in the long run42:46: Free trade is good actually in the short run for everyone. Trouble is that if you keep doing free trade, the economically backward countries will be basically stuck where they are. So, you need different medicines for different people. But since most economists these days believe that there's only one correct policy for everyone, they keep giving the wrong medicine.Is economics the supreme logic?06:38: By saying that economics is the supreme logic, we are actually forcing all these other things to be secondary to the calculations of the profit, the prices, and so on. And I don't think that's a healthy thing.We cannot have economics the same way with physics & chemistry13:54: The world is too complex and too uncertain, and human beings are so unpredictable that we cannot have economics that is scientific in the same way that physics or chemistry are. Just think about it. Subatomic particles do not say, “According to the theory, I'm supposed to behave this way.” I'm not going to do that because it's unethical. Chemical molecules do not say, “Well, we always have been moving this way, but wouldn't the world be a better place if we went the other way?” You know, that's what humans do.What can we learn from rich countries about good economic development?31:25: In the last 40 years, the prevailing view has been that pre-trade, deregulated markets, and the prevalence of private ownership are things that are good for economic development. When you look at the history of today's rich countries, you find that they use almost the exact opposite of what they're recommending.Show Links:Recommended Resources:Joseph SchumpeterThorstein VeblenJohn R. CommonsWesley Clair MitchellReport to Congress on The Subject of on The Subject of Manufactures by Alexander HamiltonCharles P. KindlebergerFriedrich ListGuest Profile:Faculty Profile at University of LondonProfessional Profile on Center for Economic Policy and ResearchProfessional Profile on The GuardianHa-Joon Chang's WebsiteHis Work:Ha-Joon Chang on Google ScholarEdible Economics: A Hungry Economist Explains The WorldEconomics: The User's GuideReclaiming Development: An Alternative Economic Policy Manual (Critique Influence Change) 23 Things They Don't Tell You About CapitalismBad Samaritans: The Myth of Free Trade and the Secret History of CapitalismThe East Asian Development Experience: The Miracle, the Crisis and the FutureReclaiming Development: An Alternative Economic Policy Manual (Global Issues) Globalisation, Economic Development & the Role of the State Restructuring 'Korea Inc.': Financial Crisis, Corporate Reform, and Institutional Transition (Routledge Studies in the Growth Economies of Asia)Kicking Away The Ladder: Development Strategy in Historical Perspective
No matter what industry we all work in, productivity is key. Not only is managing our time properly good for getting all of our tasks done but also spending time doing things we love. In this episode of unSILOed, Robert Pozen shares methods to creating priorities for your time, ways to protect your time, and making sure you're spending each day addressing your priorities.Robert Pozen is the author of Extreme Productivity: Boost Your Results, Reduce Your Hours as well as Remote, Inc.: How to Thrive at Work…Wherever You Are. He teaches at the MIT Sloan School of Management. Episode Quotes:Is a billable hour system a bad idea?07:22: A billable hour system is an input system, and in a knowledge-based economy, the idea that counting the inputs is the way to look at it is just crazy because people shouldn't be congratulated for spending more hours on something if they have a bad result.08:56: The only way to get organizations off hours and into a results-oriented output system is to provide them with an alternative system of accountability.What increases job satisfaction and productivity?11:33: It's that flexibility and autonomy that increase job satisfaction and productivity. So, that's a long way of saying we've got to get off hours and inputs. We've got to move to outputs and results, and we've got to show managers and bosses that we can have a system of accountability that's based on results.Hybrid setups will always be the dominant way to work46:03: Hybrid will be important because certain work, certain teams, certain aspects of jobs are always going to be done better in person, where people get together, and others are not. And that's why the hybrid is going to be the dominant form.Show Links:Recommended Resources:Edward Johnson IIIGuest Profile:Faculty Profile at MIT Sloan School of ManagementProfessional Profile at Brookings InstituteProfessional Profile at Harvard Kennedy SchoolProfessional Profile at IFRS FoundationRobert Pozen's WebsiteRobert Pozen on LinkedInRobert Pozen on TwitterRobert Pozen on FacebookHis Work:Articles on Harvard Business ReviewArticles on CFO MagazineRemote, Inc.: How to Thrive at Work…Wherever You AreThe Fund Industry: How Your Money is Managed (Wiley Finance)Extreme Productivity: Boost Your Results, Reduce Your HoursToo Big to Save? How to Fix the U.S. Financial SystemThe Fund Industry: How Your Money is Managed
When most historians set out to write a book, they choose a particular point in history to dive deep into. But Ian Morris prefers to write about history from the 10,000-foot view- or in some cases, the 10,000-year view. He calls it big history, and on this episode of unSILOed, Greg and Ian talk about some of the Big History topics Ian has tackled in his writing career such as: the evolution of human values over thousands of years, how war has shaped our various cultures, and how Britain's recent choice to the leave the European Union is actually rooted in 10,000-year-old history in the country. Ian Morris is a historian and archaeologist and teaches in the Stanford Classics department. Episode Quotes:Fairness is a fundamental human value40:15: There are certain things that unite all human beings, just as part of our biology. You can talk about such thing as human nature, and part of human nature, which is actually not that different from many other animal natures, is this idea of fairness that we all want to be treated fairly. And this is something you find, whether you're in a hunting gatherer society, or an ancient farming society, or in your modern California: fairness is a fundamental human value.52:24: Life for many people in the wealthier parts of the world is being transferred onto a digital platform. We're living in different ways from people in the past, and we're able to do that because we consume so much more energy than they have.The mechanism that led to diffusion of values across the world42:43: We are completely free to devise whatever moral system we want. But if you devise an inefficient system of cultural values and live next door to somebody whose system works much more efficiently, they're going to steal all your food and kill you. And this is the mechanism that led to the diffusion of values across the world in different periods.Are people the same all over the world?20:09: People are pretty much all the same in the sense of, say, large groups of people are pretty much all the same. You'll get about the same proportion of selfish, mean-spirited ones and same proportion of generous, kind ones, hardworking ones, and lazy ones wherever you look around the world, and the culture does inflect these biological forces, but it's the biology that's really in the driving seat.Show Links:Recommended Resources:Francis BaconJared DiamondJames WattJules VerneH.G WellsGuest Profile:Faculty Profile at Stanford UniversityProfessional Profile at The British AcademyProfessional Profile on World Economic ForumContributor's Profile on Foreign Policy Research InstituteHis Work:Ian Morris on Google ScholarGeography is Destiny: Britain and the World, a 10,000 year historyForagers, Farmers, and Fossil Fuels: How Human Values Evolve War! What is it good for? Conflict and the Progress of Civilization from Primates to Robots The Measure of Civilization: How Social Development Decides the Fate of NationsWhy the West Rules- For Now: The patterns of history, and what they reveal about the futureThe Dynamics of Ancient Empires: State Power from Assyria to Byzantium (Oxford Studies in Early Empires)
When we think about the greatest innovators of our time (Benjamin Franklin, Steve Jobs, Frank Lloyd Wright) we often hear about their work ethic. But one thing that all of these innovators have in common is their ability to walk away from the work. They nap, they garden, and they go shopping to give themselves a break from the problem they are working on and look for inspiration in the real world. They gave themselves space to let inspiration come to them, rather than trying to force it. In this episode of unSILOed, Greg talks with Stanford professor Jeremy Utley about his new book Ideaflow, which gives readers a strategy to come up with better ideas and determine which ones are worth pursuing.Jeremy Utley is a Director of Executive Education at Stanford's renowned Hasso Plattner Institute of Design (the d.school) and works with leaders around the world to untap their abilities to innovate better and more effectively. Episode Quotes:How you perceive your problems matter02:44: Inspiration is the disciplined pursuit of unexpected input. And every one of those words matters, but being disciplined in your pursuit of input is the way to solve problems. When you think about problem-solving as the big problem, we believe that idea flow can solve the problem of solving problems for good. Because you realize it's actually about how you think about the problem that matters.04:02: The most innovative individuals have this instinct to go and seek input, that drives fresh thinking when they're stuck.39:16:Our default assumption is to think that the majority of ideas we have are good, commercially viable, and successful. The opposite is true.Problems have solutions when you choose to find them30:15: Just because you don't know how to solve a problem doesn't mean it hasn't been solved in the world more broadly. And a lot of times, if you're thoughtful about where you go looking, you stumble upon novel solutions that you never would've seen in your own industry.What is the right way of thinking about idea flow?50:33: When you think about idea flow, it's not a measure of how many good ideas you can generate at any moment. That's an output metric. It's a measure of how many ideas you can generate at any moment and how many ideas are being generated.Show Links:Recommended Resources:Dean Keith Simonton, PhDAstro TellerThe Need For Closure Scale by Arie W. KruglanskiDonald M. MacKinnonA Technique for Producing IdeasDan M. KleinAndrew HubermanScott GallowayPhilippe BarreaudGuest Profile:Faculty Profile at Stanford UniversityJeremy Utley's WebsiteJeremy Utley on LinkedInJeremy Utley on TwitterJeremy Utley on Talks at GoogleHis Work:Jeremy's BlogArticles on MediumThe Paint & Pipette PodcastIdeaflow: The Only Business Metric That Matters
Psychiatry has been called the stepchild of medicine, experiencing far less progress than care of the body. Andrew Scull, a sociology professor at the University of California at San Diego, chronicles the history of Psychiatry in America in his latest book, Desperate Remedies: Psychiatry's turbulent quest to cure mental illness. In this episode of unSILOed, Greg and Andrew discuss this history including the rise and rapid fall of asylums, and the procession of remedies that offered false hope to the afflicted. Andrew also shares his research on the pharmaceutical industry and how the reliance on drugs to treat mental illness has grown. Andrew Scull has written multiple books on the history of psychiatry, including Madness, a very short introduction and Hysteria: The Biography. Episode Quotes:How asylums first started35:30: We build asylums to rescue people from the gutter, the prison, and the jail and put them in a therapeutic environment. The therapeutic environment deteriorates and indeed becomes anti-therapeutic in many ways, but then, beginning slowly in the late 1950s but much more expeditiously from the late 1960s onwards, we empty these hospitals out and don't put anything in their place.20:12: Mental illness, more generally, it's not just the desperation of the patients we're talking about; it's the desperation of their family members and everybody close to them in the face of the disasters.Neglecting the voices that caused the bigger problem45:21: There were enough voices being raised in the late seventies, early eighties about the defects that we should have addressed those issues now, but it was politically inexpedient.Are drugs the only way to treat mental illness?1:00:27: I doubt drugs will ever be the whole answer. It's also important to consider all sorts of environmental things and ways in which we can provide the kinds of levels of social support that can mitigate the problems that come with this.Show Links:Recommended Resources:A Beautiful MindHenry CottonBedlam AsylumDorothea DixAsylums: Essays on the Social Situation of Mental Patients and Other InmatesThe CATIE StudyThomas R. InselLeon EisenbergGuest Profile:Faculty Profile at UC San DiegoAuthor's Profile on SAGE Publishing Andrew Scull on LinkedInHis Work:Andrew Scull on Google ScholarArticles on Psychology TodayDesperate Remedies: Psychiatry's Turbulent Quest to Cure Mental IllnessMadness: A Very Short IntroductionHysteria: The Biography
What would it be like if nonprofit teams got past the labels and stigmas? Traded in silos for collaboration? This episode of What the Fundraising features a panel of 13 marketing and fundraising experts who are here to discuss how cross-departmental integration advances overall organizational goals by building both brand and donor relationships. They are sharing personal perspectives and busting false assumptions that hinder our best efforts – and desired outcomes for the causes we serve. You'll be taking notes throughout this rapid-fire discussion about the “3 Rs” – Revenue, Reputation and Relationships – that define our nonprofit strategies. Inside and out! When we recognize that these pillars are pivotal to strategic development and communications alike, we start to imagine the power of working together. If you've got cross-discipline talents to offer, you're that unicorn we all want. Marketing that inspires contributions? Check! Fundraising that embodies your brand story? Check! As our panelists share their experiences and biases, we start to see consensus emerge around one key action point: Nonprofits as a whole thrive when teams – especially marketing and fundraising teams – form partnerships and work synergistically, based on mutual respect. “When we're talking about organizations living their values … then everybody wins – the marketing, the fundraising, the CEO,” says Shereese Floyd, Founder of Witness My Life. “Everyone is happy when truly living from the inside-out.” (02:02) Mallory introduces the panel's topic of focus. (02:49) Marketing, brand and communication (04:26) Nonprofit Campaigns. (05:36) About the overlapping and complementary nature of marketing and fundraising (07:07) How new digital tools are merging functions and expanding the traditional separation between fundraising and marketing job descriptions. (08:17) Defining the tactics to promote how people feel about an organization or mission (08:52) Considering when, whether and how fundraising calls to action fit into overall marketing campaigns (12:09) The role of donor retention (15:02) Why social media platforms offer a broad base with some very specific points of access through which to touch and build individual donor relationships. (21:11) About designating marketing as a dedicated development resource. (22:51) Types of communication that are solely about marketing (27:10) Metrics for assessing a digital fundraising campaign (29:05) Fundraising communications are actually a lot less about money than many nonprofits might think (31:56) Why it's paramount that organizations communicate to donors (34:23) Why silo-ing functions impacts donor engagement, access and ultimately outcomes. (36:59) How to measure ROI (39:30) All about donor retention and the “slow” nature of the investment (44:43) Why fundraising that is integrated serves overall nonprofit brand and mission (47:01) Can marketing and fundraising both be de-stigmatized as functions and labels? (48:05) Revenue, Reputation and Relationships Get all the resources from today's episode here. Follow along on Instagram Connect with Mallory on LinkedIn Many thanks to our sponsor, Feathr for making this episode possible. Our friends at Feather help nonprofits like yours level up their digital campaigns every day through their nonprofit marketing platform. Don't rely on magic this year. Check out Feathr to streamline your digital marketing campaigns and exceed your goals. Learn more and get started today at Feathr.co. If you haven't already, please visit our new What the Fundraising community forum. Check it out and join the conversation at this link. If you're looking to raise more from the right funders, then you'll want to check out my Power Partners Formula, a step-by-step approach to identifying the optimal partners for your organization. This free masterclass offers a great starting point
When it comes to making consumer choices, it's well known that humans don't always act rationally. In fact, as amply documented by economists, we very often actually act against our own best interests! On this episode of What the Fundraising, we're getting down to the science of giving. Behavioral science, that is! If you haven't been using the powerful tools and research out there, Evelyn Gosnell, managing director at Irrational Labs, is here to demonstrate all the ways in which you and your nonprofit might be missing out. She shares a ton of fascinating research and practical tools for tackling common fundraising issues, like building organizational trust and recapturing lapsed contributors. Understanding the evolutionary conditioning and reflexive responses behind human decision-making is key – and a first step towards unlocking what motivates donors, who after all are also the everyday users of Lyft, Google and other platforms that Evelyn and her team advise. You'll learn how to build specificity and concrete bite-sized goals into calls to action as well as why we fundraisers don't always have to project perfection. Flaws are fine with constituents, says Evelyn, so long as we can demonstrate at least incremental progress. We also explore how to design in-house pilot studies that pinpoint why some pitches appeal to our base of supporters while others do not. What are their norms, what resonates with their identity? Are you communicating something personal and immediate? There's so much packed into this episode that you might need to listen twice. And you'll definitely want to follow up by checking out all the resources (and behavioral science food for thought!) available at Irrational Labs. (01:55) About the mission of Irrational Labs and how it helps large organizations (02:58) The core principles behind behavioral economics. (04:49) The science behind human irrationality. (05:53) Warm-Glow Giving (07:10) Goal Gradient Effect (09:20) Creating goals through the lens of behavioral science. (12:11) The evolutionary roots of the human tendency to react to things that are personally relatable, identifiable and immediate. (13:46) About the impacts of “recency bias” and the tension between transactional versus marketing-oriented fundraising campaigns (18:58) Evelyn highlights an Irrational Labs case study (20:46) How to reconnect with lapsed donors: (27:09) About norms and keeping our nonprofits relevant even when they are displaced by other compelling world events. (28:04) Considering demographic and behavioral norms as possible leverage in targeting and building up donor identity online and elsewhere. (29:01) Behavioral science-based strategies for building donor identity (30:45) What is donor trust really about and how do we maintain it? (32:39) Thoughts on using behavioral science to challenge the Overhead Myth (37:31) Don't miss out on all the tools, research and other eye-opening info available at the Irrational Labs website! Get all the resources from today's episode here. Follow along on Instagram Connect with Mallory on LinkedIn Many thanks to our sponsor, Feathr for making this episode possible. Our friends at Feather help nonprofits like yours level up their digital campaigns every day through their nonprofit marketing platform. Don't rely on magic this year. Check out Feathr to streamline your digital marketing campaigns and exceed your goals. Learn more and get started today at Feathr.co. If you haven't already, please visit our new What the Fundraising community forum. Check it out and join the conversation at this link. If you're looking to raise more from the right funders, then you'll want to check out my Power Partners Formula, a step-by-step approach to identifying the optimal partners for your organization. This free masterclass offers a great starting point
When we look at fundraising, we tend to silo marketing, acquisition, cultivation, and stewardship. But Simon Mainwaring, my guest on this episode of What the Fundraising, is explaining why in fact they are all a piece of the puzzle. He is breaking down for us the ways in which each element of the donor journey is a link in the chain that is indicative of the nonprofit's overall brand. When we get the marketing right, our donors connect and invest for the long haul. As CEO of the strategic consulting firm We First Branding, Simon is all about locking in the messages that articulate purpose and motivate action. Working with nonprofits and for-profits alike, his focus is on heart-centered principles and storytelling that resonate universally. You'll come away with actionable ways to define your organization's narrative, audit the efficacy of its marketing messages, and make change through co-creative processes. If you're looking for fresh ways to forge a meaningful and ongoing connection with donors in 2023, then you'll want to join us in taking a look at the importance of perspective and tone. Are your fundraising communications too internally focused or self-serving? Do your contributors know exactly the impact their support is making? “If you tell the story in the right way it can really deeply resonate with people and inspire them to be a part of something larger than themselves,” says Simon. “And the way you do that is by building a brand.” It's an iterative process and we're here to get you moving in the right direction. (02:14) Simon tells about We First Branding and its mission (03:05) About the “We First” ethos at the intersection of branding and storytelling. (05:01) Simon defines the concept of branding. (06:41) Simon's suggestions for foundations and nonprofits figuring out their brands (06:41) Why Defining Our Core Stories Is So Important (12:39) Key Questions to Ask When Defining Your Organization's Narrative (19:33) How the most effective copy deploys the reader/viewer perspective. (27:40) How to do a quick internal audit of your branding best practices (29:36) Three Things Nonprofits Can Do to Assess Their Branding Effectiveness (32:39) Strategies for Leaders Trying to Make Change and Build Brand Cohesion (41:45) About the shift from marketing to movement-making. (43:39) Where to find out more about Simon and We First Branding Get all the resources from today's episode here. Follow along on Instagram Connect with Mallory on LinkedIn Many thanks to our sponsor, Feathr for making this episode possible. Our friends at Feather help nonprofits like yours level up their digital campaigns every day through their nonprofit marketing platform. Don't rely on magic this year. Check out Feathr to streamline your digital marketing campaigns and exceed your goals. Learn more and get started today at Feathr.co. If you haven't already, please visit our new What the Fundraising community forum. Check it out and join the conversation at this link. If you're looking to raise more from the right funders, then you'll want to check out my Power Partners Formula, a step-by-step approach to identifying the optimal partners for your organization. This free masterclass offers a great starting point
Join us for this thought-provoking episode of UnSiloed where we dive into the world of ChatGPT and its impact on the future of work and technology. Our hosts Charlie and Jesus discuss their differing opinions on this groundbreaking technology.We explore the exciting possibilities of ChatGPT and its ability to change the way we work and search for information, as well as its potential to create stunning works of art using AI. However, we also discuss the limitations and potential ethical concerns surrounding ChatGPT, including the risk of it becoming "aware" and the potential for illegal use.In this episode, we also explore ways to validate the source of answers provided by ChatGPT, and delve into the question of whether artists and scientists should be worried about this new technology. Join us as we tackle these important questions and more!*This podcast summary was brought to you by ChatGPT.Topics Covered(01:06) - Why Charlie is excited forChatGPT.(03:55) - Why Jesus is bothered by ChatGPT(09:11) - Finding ways to validate the source of an answer.(14:03) - How ChatGPT is changing work and search.(16:40) - Creating art using AI.(20:43) - What are the biggest limitations of ChatGPT?(24:09) - A moment of singularity and ChatGPT becoming "aware".(25:35) - Should artists and scientists worry about this new technology?(31:23) - What are some possible illegal uses?(36:29) - Ethical use cases for this technology.(42:34) - Courage or Cringe! Podcast Production Services by EveryWord Media
Most history books explain the details of events and provide well-researched context to these events. But history isn't just about what happened, it's often about why. The root of any social change is often complex, human emotions.In his new book, France before 1789, Jon Elster explores the circumstances leading up to the French Revolution and the limits of rational choice theory in explaining collective action. In this episode of unSILOed, Greg and Jon talk about how human emotions like fear, anger, jealousy, and hope can motivate entire populations of people to change history.Jon Elster is a professor at Columbia University and the author of a wide range of books exploring Marxism, Social Science, Choice Theory, Constitutions, and Addiction.Episode Quotes:What can we still learn about Aristotle about emotions?35:04: Many social scientists, even today, talk about emotions as if it were one great category, but emotions do their work by virtue of their specificity, that is, by their cognitive antecedents and action tendencies that are also very specific or different from the different emotions. So if you are angry, you want to make the other person suffer. If you hate, then you want other person to disappear from the face of the earth.11:43: Emotions have a short half-life and various other features that don't actually form a formal model but form a complex of features that we can find in many situations where emotions are at work.Self-interest and rationality are not the same thing10:04: Self-interest and rationality are not the same thing, but people act against their rational self-interest under the influence of emotions with respect to vengeance, revenge is often a pointless, sterile act, but it's undertaken under the impulse of very strong emotions.What's the problem with studying leadership?13:55: The problem about studying leadership is that you can identify good leaders only by their results. There's no way of identifying good leaders ex ante to pick them. That would be good. Of course, if we could, but we can't.Show Links:Recommended Resources:Rebellion FrancaiseGuest Profile:Faculty Profile at Columbia UniversityHis Work:Jon Elster on Google ScholarAmerica Before 1787: The Unraveling of a Colonial RegimeFrance before 1789: The Unraveling of an Absolutist RegimeSour Grapes: Studies in the Subversion of Rationality (Cambridge Philosophy Classics) Reissue EditionSecurities Against Misrule: Juries, Assemblies, ElectionsReason and RationalityUlysses Unbound: Studies in Rationality, Precommitment, and ConstraintsStrong Feelings: Emotion, Addiction, and Human Behavior (Jean Nicod Lectures)Alchemies of the Mind: Rationality and the EmotionsNuts and Bolts for the Social SciencesExplaining Social Behavior: More Nuts and Bolts for the Social Sciences
There was nearly a 50% decrease in young people applying to technical jobs in 2022... What are the implications to business, the country, and the future?Topis Discussed:(3:56) - UnSiloed in 2023 and Charlie's LinkedIn post.(7:27) - What's wrong with blue-collar work? Is white-collar even more attractive than it has been?(11:25) - How should leadership respond to the new generation wanting the next-level gig right away?(17:01) - Education level vs. people skills vs. intellectual curiosity.(22:55) - Is blue-collar work more valuable/respected now since the pandemic?(28:50) - Supply and demand in blue-collar work today.(32:46) - Funding of educational programs.(35:26) - How should leadership view potential hires who didn't go to college but have blue-collar work experience?(43:11) - Courage or Cringe! Podcast Production Services by EveryWord Media
Fear is a common and important human emotion that we've all experienced at some time. But have you ever paid attention to how you react to fear in others? Your response may say a lot about your moral compass. Neuroscientist Abigail Marsh studied two groups of people, psychopaths and altruists, and how they interpret fear and other emotions in others. The psychopaths have trouble identifying fear in others, while the altruists respond immediately with empathy. The result of Marsh's research is her book The Fear Factor: How one emotion connects altruists, psychopaths & everyone in between. On this episode of unSILOed, Abigail and Greg talk about her research and how these findings apply to all of our lives and interactions with people. Abigail Marsh is a professor of psychology at Georgetown University. She runs the Laboratory on Social & Affective Neuroscience which conducts research on human behavior and interaction. Episode Quotes:Fearlessness is a core part of a psychopathic personality39:07: People with psychopathy are really bad at recognizing when other people are afraid. And the reason we think that is because they don't feel fear strongly themselves. Fearlessness is a core part of the psychopathic personality. And so the idea is if you don't really know what fear feels like, and some people with psychopathy report not ever feeling fear, you don't have the empathic reaction to it in the brain that, I think, is what allows you to then identify the emotion that you're witnessing in somebody else.30:59: Being good at fear and recognizing when other people are afraid is a really strong individual difference predictor of altruism. The violence inhibition mechanism45:47: The idea is that, in typical people, the amygdala is a key part of the brain that, during development, is sort of neurobiologically prepared to respond to other people's distress and to learn from other people's distress, such that when you learn that a particular behavior results in another person looking highly distressed, for example, afraid, you very quickly learn not to do that thing again. Show Links:Recommended Resources:Daniel WegnerThe Mask of Sanity: An Attempt to Clarify Some Issues About the So Called Psychopathic PersonalityMilgram studyDaniel BatsonGuest Profile:Faculty Profile at Georgetown UniversityContributor's Profile on Psychology TodayAbigail Marsh WebsiteAbigail Marsh on LinkedInAbigail Marsh on TwitterAbigail Marsh on TEDTalkHer Work:Abigail Marsh on Google ScholarThe Fear Factor: How One Emotion Connects Altruists, Psychopaths, and Everyone In-Between (US)Good for Nothing (UK)
Whether we are talking about food, clothing, or financial products, the supply chains which convert the raw materials to finished goods are getting more and more complex, giving rise to a wide range of intermediaries, ranging from the Walmarts and Amazons of the world to the Etsys and the Kickstarters. Increasing complexity often means increasing opacity. Regardless of the industry, understanding where our stuff comes from requires an understanding of intermediation design. Kathryn Judge, a Columbia law professor who researches financial markets, explores the complexities of our modern economy and supply chain systems in her new book Direct: The Rise of the Middleman Economy and the Power of Going to the Source. She joins Greg on this episode of unSILOed to talk about consumer habits in our modern economy, how convenience changed the world, and the sociological impacts of this convenience. Kathryn Judge is the Harvey J. Goldschmid Professor of Law at Columbia Law School. Her academic work focuses on financial institutions, innovation, and banking. Episode Quotes:Defining the middleman economy03:31: When I talk about the middleman economy, it's really two phenomena that build off each other. One, are they increasing the scale of intermediaries? Whether it's large banks, Walmart, or Amazon. And then how the scale of those largest intermediaries justifies changes in the process of production quite often where it becomes more disaggregated so you get the longer and the complex supply chains, and then how these two patterns feed off of each other.38:09: Even though we're seeing a shift in consumer and investor demands, conscious consumerism is not going to solve the structural challenges we're facing right now. There is always somebody on the other side of your transaction.28:34: There are people and places behind all of the goods that we're bringing into our lives. And once you start to reawaken that awareness, that becomes a mechanism for also helping to build a political will to think about, "Well, what do we want those structures to look like?" And what are the tradeoffs we're willing to make, and what are the tradeoffs we don't want to make?Using technology to enable disruption to intermediation schemes21:58: We are seeing technology being used in different ways. On the one hand, you do have these large intermediaries, like Amazon and Walmart, that we think about that are doing an incredible amount with data in ways that are helping to strengthen their position. At the same time, we are seeing technology come in and enable a disruption to some of the largest and most entrenched intermediation schemes and enable a different type of exchange.Show Links:Recommended Resources:Guest Profile:Faculty Profile at Columbia Law SchoolKathryn Judge's WebsiteKathryn Judge on LinkedInKathryn Judge on TwitterHer Work:Kathryn Judge on Google ScholarArticle on Time MagazineArticle on GreenBizDirect: The Rise of the Middleman Economy and the Power of Going to the Source
In February 2020, Mark Woolhouse, a UK epidemiologist, called the Chief Medical Officer of Scotland. Mark wanted to talk to the leader about what the country was doing to prepare for the inevitable arrival of a virus that was spreading through China. Thus began Mark's years-long critique and study of the worldwide system failure in reaction to COVID-19. On this episode of unSILOed, Greg and Mark discuss some of the things Mark thought we did wrong (lockdowns), what we might do going forward (bring medicine outside of hospitals) and how epidemiologists, journalists, and politicians need to communicate better during moments of public health emergencies. Mark Woolhouse is a Professor of Infectious Disease Epidemiology at the University of Edinburgh. His latest book is The Year The World Went Mad: A Scientific Memoir. Episode Quotes:On the failings on the pandemic response57:38: It's very hard to pin the failings of the pandemic response in the US and the UK and elsewhere on a single section of that overall response community, as it were. It's not just the scientist's fault. It's not just the advisor's fault. It's not just the civil service's fault, the politician's fault. It's not just the healthcare worker's fault. All of us were at fault in some ways. So I described that as a system failure. Our system was challenged with this particular event, which wasn't that different from what we planned for; it wasn't massively different from pandemic influenza, but it was different enough that it flew threw our system into complete disarray.04:03: There's a lot of humility needed in the public health and scientific community to try and understand that preparedness and vulnerability are different things, and they're different things to a virus.Lockdowns should be implemented with greater caution21:22: We better take a long, hard, critical look about the evidence, strengths, and weaknesses of the lockdown approach before we wholeheartedly embrace it as part of the next generation of pandemic preparedness plans. I think there's a real big danger there that we'll just jump into lockdown again the next time anything comes along to threaten us.Doesn't lockdown protect everybody?37:30: There was this rather naive argument that, well, doesn't lockdown protect everybody? Well, it's true to a degree. But it demonstrably doesn't protect all of those vulnerable people…(37:56) So whether you are against lockdown or somewhere on the fence, clearly, we needed other strategies, ones that did a better job of protecting the people who were most vulnerable.Show Links:Guest Profile:Faculty Profile at University of EdinburghProfessional Profile at The Academy of Medical SciencesHis Work:Mark Woolhouse Academic Research The Year The World Went Mad: A Scientific Memoir
Recognized as a national thought leader in early language development, Dr. Dana Suskind has dedicated her research and clinical life to optimizing foundational brain development and preventing early cognitive disparities and their lifelong impact. She is founder and co-director of the TMW Center for Early Learning + Public Health, which aims to create a population-level shift in the knowledge and behavior of parents and caregivers to optimize the foundational brain development in children from birth to five years of age, particularly those born into poverty.Dana is a pediatric otolaryngologist who specializes in hearing loss and cochlear implantation. She currently directs the University of Chicago Medicine's Pediatric Hearing Loss and Cochlear Implant program and is an author of a couple books as well , including “Parent Nation: Unlocking Every Child's Potential Fulfilling Societies Promise,” and the controversial “Thirty Million Words: Building a Child's Brain.”Dana joins Greg on this episode of unSILOed to talk about how we view parenting in the west, societal support, SIDS, how child rearing tips spread, and good vs. bad early childcare and education.Episode Quotes:How can companies make it easier for people to be both parents and employees?35:53: The first step is understanding that employees are also parents, and supporting them in both roles is actually good for the bottom line. And in terms of how to support parents, there are many different ways. In general, I think of them as flexibility, reliability, help with childcare, and just an acknowledgment that they are also parents.Parents and caregivers are the guardians of our society's future13:49: One of the most important jobs is raising the next generation. Parents and caregivers, as I say, are the guardians of our society's future. The impact of poverty on children's development16:09: All children are born with their own individual promise. But for so many, that promise is ripped away because of the vacuum of support for families, et cetera. And one of the most insidious impacts of poverty is on the developing child.Show Links:Recommended Resources: Joan Luby, who wrote an article actually, who stated poverty's most insidious impact is on the developing brainGuest Profile:Professional Profile at The University of ChicagoSpeaker's Profile at Penguin Random House Speakers BureauDana Suskind on LinkedInDana Suskind on TwitterDana Suskind on InstagramHer Work:Dana Suskind on Google ScholarParent Nation: Unlocking Every Child's Potential, Fulfilling Society's PromiseThirty Million Words: Building a Child's Brain
For a podcast called unSILOed, you really can't think of a more perfect guest than John Hennessy. From being a founder of a company, to a scholar, to a book author and an administrator, John has straddled many a silo in his career. John Hennessy is an American computer scientist, academician and businessman who serves as Chairman of Alphabet Inc. Hennessy is one of the founders of MIPS Computer Systems Inc. as well as Atheros and served as the tenth President of Stanford University. A pioneer in computer architecture, Hennessy joined Stanford's faculty in 1977 as an assistant professor of electrical engineering.John joins Greg this episode to discuss his multifaceted resume, including the tension between undergraduate & graduate education being in the same buildings, the secret ingredient of university research, and the challenges facing deans & administrative staff in our current cultural climate. Episode Quotes:John's definition of humility6:09: Humility was about both realizing that I was able to be successful because I stood on the shoulders of many other people who had contributed along the way, both to my education and to my opportunity to do this, but also to recognize that you're not the expert on everything and bringing in experts, people who know the field is crucial to building a team that can be successfulWhat academic leadership needs to learn from corporations12:50: One of the challenges you face in academic leadership is that we do not do a particularly good job of preparing people for succession and management, and moving up the chain, unlike corporations, do a much better job in terms of preparing their leaders to take on bigger roles.How can universities give more access to education?49:46: Right now, we have far too many students who don't graduate college. Who start and don't graduate, not at great institutions like Berkeley or Stanford. You know, the national graduation rate for full-time students is about 55 to 60%. Well, that means you've got a lot of students who took on debt and didn't get a degree to finish it. That's a shared responsibility. It's clear that there are issues that are on the students, but it's also the institution's responsibility. And right now, we put all the burden on the student. Right? And why don't institutions have some responsibility when students default on debt?Because most of the students who default either didn't graduate or got a degree that did not prepare them for a career. So, the institution should be taking a larger responsibility for that.
We've covered a lot of ground in 163 episodes of unSILOed. We've dug into topics like economics, psychology, biology, and many many more. So today we're going to tackle the meaning of life. It's about time, right?!Iddo Landau, Ph.D., is a Professor of Philosophy at the University of Haifa. He has written extensively on the meaning of life. His latest book is “Finding Meaning in an Imperfect World.” So let's dive into the meaning of life here. Within that, Greg & Iddo discuss perfectionism, subjective happiness, mediocrity as a virtue, “good enough mothers,” and finding meaning in doing the dishes.Episode Quotes:On the meaning of lifeI think in general, we should remember that life is terrible and life is wonderful. It includes horrific things and it includes very good and wonderful things. And many people, not all people, but many people, have quite a lot of power to live their lives in ways in which there is more meaningfulness or good than meaninglessness or bad.The business of philosophyThe business of philosophy is the pursuit of truth. So we should not try to cheat ourselves or delude ourselves.On happinessI think that happiness can be seen as of intrinsic value. I mean, there is good reason to be happy just for the sake of happiness. However, that does not mean that happiness and meaningfulness always come together.On perfectionismThe general thrust of perfectionism is the view or the sensation that if things are not excellent or perfect, of extremely high quality, then they're not worth anything. It's a bit like a person who looks into the sun and then is blinded because he cannot see anything that is in regular light. Show Links:Resources:Viktor Frankl - WikipediaWhat Is a "Good Enough Mother"? | Psychology TodayDonald Winnicott - WikipediaGuest Profile:Professional Profile at University of HaifaProfessional Profile at Psychology TodayHis Work:Iddo Landau on Google ScholarThe Oxford Handbook of Meaning in LifeFinding Meaning in an Imperfect WorldIs Philosophy Androcentric?
Charlie and Jesus begin a new chapter as they introduce the new format and name for their show.
How does a reluctant entrepreneur find their worth? Love Odih Kumuyi comes back on the show to give us a taste of Unsiloed's origin story. In this episode, we talk about the current state of DEI, how Love transitioned her “project” into her business, what she learned from the experience, and the realities of success. As an attorney and Equity, Inclusion, and Justice scholar-practitioner, Love founded Unsiloed with a singular mission: To help organizations make psychological safety and human-rights part of everyday culture, for everyone. As a two-time immigrant, she understands firsthand the challenges of being 'othered' and is keen on using creating spaces that feel accessible. Formerly the Associate Dean at Cornell University, Love worked in dynamic capacities with corporate organizations, including the United Nations Development Programme (UNDP), U.S. Peace Corps, law firms, and universities across the globe. She's passionate about driving systemic change with empathy, fostering learning, and facilitating dialogue — all in an effort to redefine human relations, promote inclusion, and build psychologically safe workplaces where people can thrive. She is an adjunct professor at New York University, a certified Psychological safety trainer and coach, mediator, and restorative justice practitioner. In this episode we referenced: · Love's previous appearances on Season 1, Episode 16, and Season 2, Episode 2. · The impact of the Buffalo Grocery Store shooting. · You can connect with Love and her writings on LinkedIn. · She also shared her email: lkumuyi@unsiloed.org --- I'm Jacen from Hawthorne Union, a professional coach. Join me as I discuss career development, personal and professional growth, and leadership from a coach's point of view. Contact: jacen@hawthorneunion.com
Sharing fresh information to empower new thinking. That's the north star behind Aiden McCullen's podcast The Innovation Show. This podcast is actually what inspired Greg to create unSILOed! Aidan McCullen is a former Ireland national rugby player and current change consultant, working with organizations to improve how they collaborate and create the environment for change. He has developed and delivers a module on Emerging Technology Trends in Trinity College Business School, ranked as one of the top Business Schools in the world, and wrote the book, “Undisruptable: A Mindset of Permanent Reinvention for Individuals, Organizations and Life” He joins Greg to chat about reinventing himself from being a professional athlete to a successful businessperson, the importance of discomfort, how he sources guests for his own podcast to promote learning, and when to let go. Episode Quotes:Don't box yourself into one fieldI think to your point of not being an expert, I think we're moving away from the expert. The world still needs experts, don't get me wrong. We still all need a core competency. But with the speed of change of information and theories being disproved so quickly and new information being uncovered, we need to be just wary that when we get to the top of the ladder, the wall is getting higher. Or when we get to the top of the ladder that we may sometimes realize we're against the wrong wall. We don't like what we've got to the top of. And that's a shame to be stuck there because you're like, I have nowhere else to go. Discomfort is goodYou don't get a gain unless you get pain. I need the weights to be heavy enough to cause discomfort, to break down the muscle and then I need to feed it and nurture it in order for it to grow again. It's the same with any kind of learning or any kind of organization. So we talked about disruption in organizations. If there's no extrinsic pressure for me to change, I won't. Because, ultimately the brain is an energy saving machine, always looking for shortcuts. And it will create atrophies wherever it can, including in an organization. When your job becomes your identityWe cling to that persona wondering, oh, what if I don't make it if I let go. I'd rather be a prisoner to this history, this record of my past, rather than take a chance on a vision for my future. And in American football for example, so many players cling to that Jersey they become the jersey. Instead of letting go and going look, I've loads of transferable skills. I can apply them elsewhere and I can achieve elsewhere and enjoy another series of decades, series of personas because life can offer you that. Show Links:Guest Profile:Professional Profile at Trinity College DublinSpeaker's Profile on London Speaker BureauAidan McCullen's WebsiteThursday Thought BlogAidan McCullen on LinkedinAidan McCullen on TwitterHis Work:The Innovation ShowUndisruptable: A Mindset of Permanent Reinvention for Individuals, Organisations and Life
Timothy R. Clark invites Love Odih Kumuyi to discuss Diversity and Cultural Transformation. Love is the Founder and Culture Engineering Officer at Unsiloed with 15 years of interdisciplinary experience utilizing law, policy, education, and research to help organizations engineer inclusion. Here are a few key take aways from the conversation. Delighting in diversity.If you are working towards a diverse organization it's important to have psychological safety as a prerequisite. If you are inviting difference into the room then you should be prepared to welcome it and embrace it with delight.Diversity needs inclusion to thrive.You can count diversity numbers all day but if you don't have high psychological safety, then you're not talking about inclusion quite yet. Organizations who have diversity without inclusion are most likely diverse by chance. Diversity without inclusion will not last. You can't ignore the past.Before you can move on to unlock the power of a diverse and inclusive culture you must acknowledge the past failures of your organization. Culture is not just additive, you have to repair old harms and rebuild the foundation in order to do the work well. Culture is a constant journey not a destination. When it comes to cultural transformation you are never done. You can't just say "this is a plan going live March 1st, let's all arrive". You cannot just "hit the reset button" and pretend that everything is fixed. Instead, it's a small continuous effort toward creating shared values, supportive communities, and high levels of psychological safety.Culture does't happen by chance.The culture you want isn't going to happen by chance. You need to engineer experiences for a more courageous and connective dialogue not just more online diversity trainings. It's hard to have empathy for, or understand, your team when you don't know their story or struggles. Creating space to learn each other's stories is one way to design a more inclusive culture.About Love Odih KumuyiLove is the Founder and Culture Engineering Officer at UnsiloedAs an attorney and Equity, Inclusion and Justice scholar-practitioner, Love founded Unsiloed with a singular mission: To help organizations make psychological safety and human-rights part of everyday culture, for everyone. As a two-time immigrant she understands first hand the challenges of being 'othered' and is keen on using creating spaces that feel accessible. Formerly the Associate Dean at Cornell University, Love worked in dynamic capacities with corporate organizations, including the United Nations Development Programme (UNDP), U.S. Peace Corps, law firms, and universities across the globe. With 15 years of interdisciplinary experience utilizing law, policy, education, and research to help organizations engineer inclusion, she believes with 100% certainty: When we create workplaces where it's not too expensive for employees to be themselves, innovation abounds and everyone wins. Love's superpowers are peacebuilding and conflict transformation. She's passionate about driving systemic change with empathy, fostering learning and facilitating dialogue — all in an effort to redefine human relations, promotes inclusion, and build psychologically safe workplaces where people can thrive. She is an adjunct professor at New York University, certified Psychological safety trainer and coach, mediator and restorative justice practitioner.
With me is Daryl Risinger, President & Cofounder of Soda Health, a healthcare technology company focused on building solutions that eliminate health inequities. The team at Soda Health work with Health Plans to turn ideas around SDOH benefits into reality. Daryl will share with us some learnings and insights around SDOH and how his company is making a difference in this area. Show Notes: Boos: Little Bets: How Breakthrough Ideas Emerge From Small Discoveries By Peter Sims. Podcasts: B-Time with Beth Bierbower; Hidden Brain with Shankar Vedantam; UnSILOed with Greg LaBlanc.
Terry Burnham is a Professor of Finance at Chapman University, and an author whose works include Mean Genes and Mean Markets And Lizard Brains.But he was also in the military, a former Goldman Sachs employee, and founded a startup; all experiences which lend to his unique perspective on biology, economics, and psychology.In this episode of unSILOed with Greg LaBlanc, we talk about his time at Harvard Business School, using biology to make sense of human behaviors, and the very human concept of privacy, willpower, and more.Episode Quotes:On studying human behavior vs animal behavior:“The idea that we're stupid is just crazy, right? We developed a COVID vaccine in a few months, et cetera, et cetera, et cetera. So humans are super, super, super smart. And any idea that they're stupid is in itself crazy. So the difference between people who study animals and people who study people is that animal people have a better framework. And that framework is grounded in natural selection”On reputation management & road rage:“You have to manage your reputation. You have to be willing to fight for yourself, but not in stupid situations on the road. It's a one-shot interaction. You'll never see that person again. So goodbye. Go ahead. Thank you. You won goodbye. I'll go home to my kids tonight.”On the methodologies of biologists and the methodologists of economists:“What's challenging for economics is that humans live in a very strange world. And that world is so different from the world that we evolved in that most of our behavior looks silly. So when you do maximization models, they don't predict human behavior very well at all because what are we maximizing? No one knows.”Show Links:Terry Burnham WebsiteLinkedInFacebookOrder Book: Mean Markets and Lizard BrainsOrder Book: Mean Genes