Ep70 "The Science Behind Why We Don’t Just Say What We Mean" with Psychologist Steven Pinker - Part 2

Ep70 "The Science Behind Why We Don’t Just Say What We Mean" with Psychologist Steven Pinker - Part 2

In the final part of this two-part interview, Steven Pinker, an experimental psychologist and Harvard professor, again joins hosts and finance professors Jonathan Berk and Jules van Binsbergen to discuss his new book When Everyone Knows That Everyone Knows: Common Knowledge and the Mysteries of Money, Power, and Everyday Life.

In this episode, Jonathan and Jules break down more revelatory examples from Steven’s book that demonstrate how common knowledge is a first order explanatory variable for how humans behave. They also explore the role common knowledge plays in financial markets, particularly when it comes to speculative trading, and examine common knowledge in an academic freedom sense, highlighting the delicate balance between promoting open debate and safeguarding societal norms.

Find All Else Equal on the web:

https://lauder.wharton.upenn.edu/allelse/

All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM.


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Ep52 “Should Legacy Admissions at Universities Be Illegal?” with Patrick Awuah

Ep52 “Should Legacy Admissions at Universities Be Illegal?” with Patrick Awuah

Should legacy admissions at colleges and universities be banned? What are the benefits and tradeoffs of admitting students based on their legacy status? In this episode, hosts and finance professors J...

11 Joulu 202426min

Ep51 Celebrating 50 Episodes: The Biggest All Else Equal Mistakes

Ep51 Celebrating 50 Episodes: The Biggest All Else Equal Mistakes

The All Else Equal: Making Better Decisions podcast has officially done 50 episodes! To commemorate the milestone, hosts and finance professors Jonathan Berk and Jules van Binsbergen look back on some...

14 Marras 202427min

Ep50 “Is Proxy Advising a Catch-22?” with Chester Spatt

Ep50 “Is Proxy Advising a Catch-22?” with Chester Spatt

If the purpose of a proxy advisory firm is to gather information and advise shareholders on how to vote, then how do the firms handle the many different goals and incentives each shareholder brings to...

30 Loka 202424min

Ep49 “Making Regulation Work” with Jay Clayton

Ep49 “Making Regulation Work” with Jay Clayton

Regulation is meant to fix problems in the market, but as more and more regulation is introduced, those issues have a tendency to evolve into new ones. So is all this regulation even accomplishing wha...

16 Loka 202427min

Ep48 “Are CEOs Underpaid?” with Dirk Jenter

Ep48 “Are CEOs Underpaid?” with Dirk Jenter

Are CEOs overpaid? It’s easy to see million-dollar (or even billion-dollar) salaries and jump to conclusions. But those figures might not capture the full picture. So, what really goes into deciding C...

2 Loka 202428min

Ep47 “Is the US National Debt Sustainable?” with Mohamed El-Erian

Ep47 “Is the US National Debt Sustainable?” with Mohamed El-Erian

What is the best way to measure National Debt Sustainability, and how does the US do on those metrics compared to other countries? In the first episode of the new season, hosts and finance professors ...

18 Syys 202435min

Rerun: Ep12 Corporations as Job Security Providers

Rerun: Ep12 Corporations as Job Security Providers

This summer break, we'll be taking a pause from uploading new episodes. However, Jules and Jonathan have handpicked some favorite past episodes for new listeners to enjoy and subscribers to revisit!Co...

4 Syys 202420min

Rerun: Ep1 "Making a Business Decision" with Ruth Porat

Rerun: Ep1 "Making a Business Decision" with Ruth Porat

This summer break, we'll be taking a pause from uploading new episodes. However, Jules and Jonathan have handpicked some favorite past episodes for new listeners to enjoy and subscribers to revisit!Wh...

21 Elo 202424min

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