Richard Thaler with Malcolm Gladwell on Misbehaving

Behavioral economist Richard Thaler talks to bestselling author Malcolm Gladwell on the implications of behavioral economics on how we think about the world, from our personal lives to business to society. They will have you retooling your grocery list and retirement strategies, and lead managers to rethink every aspect of their business.

 

 

60:30
this is an important point someone who
has always been the the A+ student this
the court feel are the obvious smartest
kid in the room right golden boy is
someone who is who is not powerfully
motivated to disrupt the status quo
right right right is rare going I see
where you’re going
look no I think it’s an obvious point
that if I were if I had been really good
at doing economics I wouldn’t have had
to do this you know all right
I mean I sure when Rosen my advisor I
quote him in the in in an article in The
New York Times he told the reporter who
asked about my career as a grad student
quote we didn’t expect much of him yeah
and you it’s always good to have you
I think it’s been pure
stupidity that we haven’t been building
roads bridges and so forth
for the last seven years when we we
could we can borrow at a negative
interest rate and use otherwise idle

resources I mean it’s just mind boggling
that we haven’t done that and and you
don’t have to be a Keynesian to think

that so whether or not this would
stimulate the economy let’s just suppose

we do just cost-benefit analysis we have
bridges that are all going to fall down
all around the country we could be
building them with construction crews
that have nothing to do and borrowing at
zero interest rate and we’re going to
have to do start doing it as soon as the
economy picks up when it will cost a lot
more so complete stupidity

Laura Ingraham Is Ready to Rev Up Fox News

Ms. Ingraham honed her craft in college at The Dartmouth Review, the undergraduate right-wing journal that earned national recognition (and some revulsion) for stunts that, in hindsight, presaged the antics of Breitbart reporters.

.. “All the way back to Dartmouth, I was part of the insurgency,” she said.

In an era before mainstream acceptance of homosexuality, Ms. Ingraham assigned a reporter to attend a meeting of the campus gay students’ alliance and published a transcript of the proceedings, naming names. Years later, she apologized, citing in part the experience of her gay brother and his partner, who had AIDS.

.. “Laura represents her own unique brand,” said Christopher Ruddy, who runs Newsmax, a Fox News competitor. “She comes out of the milieu of talk radio, where the economics of that business have driven a lot of hosts who were moderately conservative to be a little edgier.”

.. She had been encouraged to back Mr. Brat by a producer, Julia Hahn, who went on to write for Breitbart and now works in the White House.

.. Asked if she is bringing a Breitbart viewership to Fox News, Ms. Ingraham responded: “I wouldn’t call it a Breitbart audience. I would call it America.”

“I like Tom Wolfe’s description of the country,” she continued. “There’s America. The coasts are like the parentheses. In between is the country.”