How to survive in a world where luck and randomness play a pivotal role. Topics covered include: What are power laws What are the narrative fallacy and hindsight bias What are examples of domains where randomness has contributed to success What are ways to distinguish investing skill from luck How sixth-century philosopher Boethius had an accurate view of chance What are ways we can benefit from good luck while protecting ourselves from bad luck Show … [Read more...]
403: The Pandemic Might Be “Over,” but Not Its Repercussions
How risk perceptions and actions have changed over several years of the pandemic. How the pandemic's impacts continue to affect politics, the economy, financial markets, how we invest, and our personal lives. Topics covered include: Is the pandemic really over? Based on what criteriaWhat percentage of people continue to isolate at homeHow behaviors such as eating out and visiting friends have changed throughout the pandemic.How work has changed with the pandemicHas pandemic stimulus … [Read more...]
331: Why Do We Work So Much?
How to structure employment so workers are more creative, productive, and happier. Topics covered include: What percentage of employees work at home due to the pandemicHow many hours per week do men and women work in both paid employment and unpaid caregivingHow workers have been allocating the time saved by not commutingWhy the economy would still prosper if we worked only four hours per dayWhat is the cult of efficiencyWhat is the difference between leisure and amusementWhy employers … [Read more...]
184: Massive Job Losses Are Inevitable, But There Will Still Be Work
Why technology eliminates jobs but doesn't increase the level of unemployment even though for more than 50 years that has been the worry. Photo by Christopher Burns In this episode you’ll learn: How fear of technology destroying jobs has been around for decades. What is the relationship between GDP growth, employment and productivity. How more and more jobs are involved in services dealing with complexity. What types of jobs are less likely to be replaced Show … [Read more...]
107: Work, Freedom and Leaving A Legacy
How to find the balance between work, freedom, meaning and leaving a legacy. Photo by J.D. Stein In this episode you'll learn: The difference between the right to roam and the right to exclude.How financially distressed are U.S. households.How should you invest your emergency fund.What is the purpose of work.How do to potentially find your passion. Show Notes Walking by Henry David Thoreau - The Atlantic The Abundance: Narrative Essays Old and New - Annie Dillard The … [Read more...]
54: Do You Work To Live Or Live To Work?
Why you don't need money to have more freedom and happiness. In this episode, you'll learn: The difference between convertibility and intrinsic value.Why being a minimialist with little possessions won't make us happy, nor will having great wealth.What is taught in the Hojoki, the ancient Japanese version of Thoreau's Walden.Why walnuts are better than coconuts. . Show Notes My So Money podcast interview with Farnoosh Torabi Hojoki by Kamo no … [Read more...]