How Economics Can Save The World - Econ Tips For Work & Life | Erik Angner SVIC Podcast #46
Description
Erik Angner is Professor of Practical Philosophy at Stockholm University, where he directs the PPE Program. As a result of serious mission creep, he holds two PhDs – one in Economics and one in History and Philosophy of Science – both from the University of Pittsburgh. His new book How Economics Can Save the World (https://amzn.to/3TE2WnC)
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Show hosts Joe (Eng VP) and Jordan (M&A Deal Lead) worked at various companies from Google, Apple, Facebook, Microsoft, Salesforce, Slack, Carta, Splunk, Wealthfront, Adobe, and more.
Chapters
00:00 - Introduction and Start of the Podcast
01:24 - Evolution of Political Economy
02:07 - Specialization of Economics and Philosophy
03:05 - Consequences of Diverging Disciplines
04:29 - Economic Thinking in Everyday Life
05:47 - Top Economic Concepts
07:32 - Opportunity Costs and Real-Life Examples
08:06 - Equilibrium Thinking and Social Policies
10:09 - Analyzing Unintended Consequences in Policies
11:26 - Overconfidence in Economics and Predictions
15:23 - Epistemic Humility and Its Importance
17:00 - Social Norms: Moral vs. Social Norms
19:34 - Breaking Harmful Norms and Establishing Better Ones
21:49 - Norms in Schools and Changing Behaviors
24:14 - Social Norms, Fashion, and Rapid Change
27:09 - Ethics and AI: Normative Shifts
30:13 - Economics and Values: A Discussion on Markets and Morality
34:28 - Building Better Teams Using Economics
38:52 - Overconfidence in Decision Making
41:28 - Importance of Diverse Opinions in Leadership
46:11 - Polycentric Governance and Local Institutions
51:42 - The Role of Institutions in Problem Solving
57:02 - Carbon Tax: A Centralized Solution
59:38 - The Origin of the Term "Dismal Science"
1:03:33 - The Economics of Happiness
1:07:30 - How People Misjudge Happiness and Money
1:08:59 - Using Economics to Build Communities
1:13:22 - Final Thoughts and Closing Remarks
#economics #podcast