In this podcast episode, Hugh Massie and Meir Statman explore the intersection of behavioral economics and finance, discussing the evolution of behavioral finance, the importance of life well-being, and the cultural influences on financial decisions.

They delve into the role of education, the impact of personal experiences on financial behavior, and the responsibilities of financial advisors in promoting life well-being.

The conversation also touches on future directions in behavioral economics, including socially responsible investing and the importance of health in financial planning.