The Economics Show: What economics gets wrong about human behaviour, with Richard Thaler
Behind the Money24 Joulu 2025

The Economics Show: What economics gets wrong about human behaviour, with Richard Thaler

Economists like to model people as rational creatures who make self-interested decisions. But humans don’t act that way. Why do investors, politicians and ordinary people act against their best interests – and how can they be nudged into making better decisions? To find out, FT economics commentator Chris Giles speaks to Richard Thaler, the founding father of behavioural economics. Thaler is a professor at the University of Chicago who won the 2017 Nobel Prize in Economics for his work on how humans make (often irrational) decisions.


This is a repeat of an episode published on The Economics Show, a sister podcast of Behind the Money, on November 7, 2025. Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.


Presented by Chris Giles. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music by Breen Turner. Sound design by Breen Turner and Samantha Giovinco. Our broadcast engineer is Andrew Georgiades.



Hosted on Acast. See acast.com/privacy for more information.

Jaksot(318)

Inside BCG’s Gaza work scandal

Inside BCG’s Gaza work scandal

Top consulting firms have repeatedly found themselves facing a reputational crisis. The most recent example was in early July, when a Financial Times investigation revealed that Boston Consulting Grou...

16 Heinä 202521min

A case of Schrödinger’s tariffs

A case of Schrödinger’s tariffs

It’s been exactly 90 days since US President Donald Trump paused most of his ‘reciprocal’ tariffs. With just a 10 per cent blanket tariff on all imports and a higher tariff on China, economists predic...

9 Heinä 202519min

How oil traders called the Middle East war

How oil traders called the Middle East war

When Iran attacked a US airbase in Qatar – a response to strikes on its nuclear facilities – many feared a global war may be imminent. But there was one market that didn’t break a sweat: oil. It’s typ...

2 Heinä 202519min

The end of the UK’s ‘bailout era’

The end of the UK’s ‘bailout era’

The Royal Bank of Scotland was once the biggest bank in the world. Then, hubris got the best of it. During the financial crisis the UK government spent £46bn to bail out the bank. Seventeen years and ...

25 Kesä 202516min

Inside Moët Hennessy’s crisis

Inside Moët Hennessy’s crisis

LVMH’s wine and spirits division, Moët Hennessy, has long been a source of success – and cash – for the luxury goods behemoth. But more recently, that’s changed. The FT’s Paris correspondent Adrienne ...

18 Kesä 202522min

How Indonesia cornered the nickel market

How Indonesia cornered the nickel market

A decade ago, Indonesia produced only 6% of the world’s supply of refined nickel. Now, it has a de facto monopoly on the market. How did it happen? The FT’s Jakarta correspondent A. Anantha Lakshmi an...

11 Kesä 202524min

Coming soon: The Wolf-Krugman Exchange

Coming soon: The Wolf-Krugman Exchange

In a special six-part series of The Economics Show, Martin Wolf, the FT’s chief economics commentator, and Nobel Prize-winning economist Paul Krugman discuss the economic events reshaping the world in...

4 Kesä 20252min

Why Blackstone, KKR and Apollo are moving in different directions

Why Blackstone, KKR and Apollo are moving in different directions

Blackstone, Apollo and KKR. Although they have similar origins, these three top private capital groups are moving in different directions amid tumultuous markets. What do these approaches look like? A...

4 Kesä 202522min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-rahamania
rss-sisalto-kuntoon
ostan-asuntoja-podcast
rss-lahtijat
hyva-paha-johtaminen
rss-startup-ministerio
rss-sami-miettinen-neuvottelija
rss-seuraava-potilas
lakicast
herrasmieshakkerit
leadcast
rahapuhetta
rss-porssipuhetta
rss-rentotapaus
rss-tyoelamasta-podcast
rss-viisas-raha-podi