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    <title>On Wisdom - Episodes Tagged with “Economics”</title>
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    <pubDate>Tue, 14 Jan 2020 02:00:00 -0500</pubDate>
    <description>On Wisdom features a social and cognitive scientist in Toronto and an educator in London discussing the latest empirical science regarding the nature of wisdom. Igor Grossmann runs the Wisdom &amp; Culture Lab at the University of Waterloo in Canada. Charles Cassidy runs the Evidence-Based Wisdom project in London, UK. The podcast thrives on a diet of freewheeling conversation on wisdom, decision-making, wellbeing, and society and includes regular guests spots with leading behavioral scientists from the field of wisdom research and beyond. Welcome to The On Wisdom Podcast.
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    <itunes:subtitle>What does science tell us about wisdom?</itunes:subtitle>
    <itunes:author>Charles Cassidy and Igor Grossmann</itunes:author>
    <itunes:summary>On Wisdom features a social and cognitive scientist in Toronto and an educator in London discussing the latest empirical science regarding the nature of wisdom. Igor Grossmann runs the Wisdom &amp; Culture Lab at the University of Waterloo in Canada. Charles Cassidy runs the Evidence-Based Wisdom project in London, UK. The podcast thrives on a diet of freewheeling conversation on wisdom, decision-making, wellbeing, and society and includes regular guests spots with leading behavioral scientists from the field of wisdom research and beyond. Welcome to The On Wisdom Podcast.
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  <title>24: Misbehavioral Economics: Choosing irrationality</title>
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  <pubDate>Tue, 14 Jan 2020 02:00:00 -0500</pubDate>
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  <itunes:episode>24</itunes:episode>
  <itunes:title>Misbehavioral Economics: Choosing irrationality</itunes:title>
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  <itunes:author>Charles Cassidy and Igor Grossmann</itunes:author>
  <itunes:subtitle>Are people being reasonable when they act irrationally? Doesn’t rationality and reasonableness mean the same thing? Charles and Igor kick of the new decade by diving into a messy mix of behavioral economics, nudges, moral philosophy and legal studies, to examine what standards guide people’s decisions. Charles asks Igor about core standards that guide people when they try to make a good decision. Igor unpacks how the standard of a rational agent evolved in the 20th century and what implications it has had for modern economics and politics. Charles wonders if there are any reasonable people left on the Clapham omnibus in London. Igor discusses his new work assessing how most people define rationality and reasonableness, showing that irrational behavior may be a consequence of focusing on reasonableness instead. Welcome to Episode 24.</itunes:subtitle>
  <itunes:duration>39:00</itunes:duration>
  <itunes:explicit>no</itunes:explicit>
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  <description>Are people being reasonable when they act irrationally? Doesn’t rationality and reasonableness mean the same thing? Charles and Igor kick of the new decade by diving into a messy mix of behavioral economics, nudges, moral philosophy and legal studies, to examine what standards guide people’s decisions. Charles asks Igor about core standards that guide people when they try to make a good decision. Igor unpacks how the standard of a rational agent evolved in the 20th century and what implications it has had for modern economics and politics. Charles wonders if there are any reasonable people left on the Clapham omnibus in London. Igor discusses his new work assessing how most people define rationality and reasonableness, showing that irrational behavior may be a consequence of focusing on reasonableness instead. Welcome to Episode 24. 
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    <![CDATA[<p>Are people being reasonable when they act irrationally? Doesn’t rationality and reasonableness mean the same thing? Charles and Igor kick of the new decade by diving into a messy mix of behavioral economics, nudges, moral philosophy and legal studies, to examine what standards guide people’s decisions. Charles asks Igor about core standards that guide people when they try to make a good decision. Igor unpacks how the standard of a rational agent evolved in the 20th century and what implications it has had for modern economics and politics. Charles wonders if there are any reasonable people left on the Clapham omnibus in London. Igor discusses his new work assessing how most people define rationality and reasonableness, showing that irrational behavior may be a consequence of focusing on reasonableness instead. Welcome to Episode 24.</p><p>Links:</p><ul><li><a title="Folk standards of sound judgment: Rationality Versus Reasonableness | Science Advances" rel="nofollow" href="https://advances.sciencemag.org/content/6/2/eaaz0289">Folk standards of sound judgment: Rationality Versus Reasonableness | Science Advances</a></li><li><a title="Public Reason (Stanford Encyclopedia of Philosophy)" rel="nofollow" href="https://plato.stanford.edu/entries/public-reason/">Public Reason (Stanford Encyclopedia of Philosophy)</a></li><li><a title="Neoliberalism - Wikipedia" rel="nofollow" href="https://en.wikipedia.org/wiki/Neoliberalism">Neoliberalism - Wikipedia</a></li><li><a title="The Hedgehog and the Fox | Princeton University Press" rel="nofollow" href="https://press.princeton.edu/books/paperback/9780691156002/the-hedgehog-and-the-fox">The Hedgehog and the Fox | Princeton University Press</a></li><li><a title="Nudge : Richard H. Thaler &amp; Cass Sunstein" rel="nofollow" href="https://archive.org/details/nudgeimprovingde00thal">Nudge : Richard H. Thaler &amp; Cass Sunstein</a></li><li><a title="Self-Interest, Sacrifice, and Climate Change: (Re-)Framing the British Columbia Carbon Tax - MIT Press Scholarship" rel="nofollow" href="https://mitpress.universitypressscholarship.com/mobile/view/10.7551/mitpress/9780262014366.001.0001/upso-9780262014366-chapter-9">Self-Interest, Sacrifice, and Climate Change: (Re-)Framing the British Columbia Carbon Tax - MIT Press Scholarship</a></li></ul>]]>
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    <![CDATA[<p>Are people being reasonable when they act irrationally? Doesn’t rationality and reasonableness mean the same thing? Charles and Igor kick of the new decade by diving into a messy mix of behavioral economics, nudges, moral philosophy and legal studies, to examine what standards guide people’s decisions. Charles asks Igor about core standards that guide people when they try to make a good decision. Igor unpacks how the standard of a rational agent evolved in the 20th century and what implications it has had for modern economics and politics. Charles wonders if there are any reasonable people left on the Clapham omnibus in London. Igor discusses his new work assessing how most people define rationality and reasonableness, showing that irrational behavior may be a consequence of focusing on reasonableness instead. Welcome to Episode 24.</p><p>Links:</p><ul><li><a title="Folk standards of sound judgment: Rationality Versus Reasonableness | Science Advances" rel="nofollow" href="https://advances.sciencemag.org/content/6/2/eaaz0289">Folk standards of sound judgment: Rationality Versus Reasonableness | Science Advances</a></li><li><a title="Public Reason (Stanford Encyclopedia of Philosophy)" rel="nofollow" href="https://plato.stanford.edu/entries/public-reason/">Public Reason (Stanford Encyclopedia of Philosophy)</a></li><li><a title="Neoliberalism - Wikipedia" rel="nofollow" href="https://en.wikipedia.org/wiki/Neoliberalism">Neoliberalism - Wikipedia</a></li><li><a title="The Hedgehog and the Fox | Princeton University Press" rel="nofollow" href="https://press.princeton.edu/books/paperback/9780691156002/the-hedgehog-and-the-fox">The Hedgehog and the Fox | Princeton University Press</a></li><li><a title="Nudge : Richard H. Thaler &amp; Cass Sunstein" rel="nofollow" href="https://archive.org/details/nudgeimprovingde00thal">Nudge : Richard H. Thaler &amp; Cass Sunstein</a></li><li><a title="Self-Interest, Sacrifice, and Climate Change: (Re-)Framing the British Columbia Carbon Tax - MIT Press Scholarship" rel="nofollow" href="https://mitpress.universitypressscholarship.com/mobile/view/10.7551/mitpress/9780262014366.001.0001/upso-9780262014366-chapter-9">Self-Interest, Sacrifice, and Climate Change: (Re-)Framing the British Columbia Carbon Tax - MIT Press Scholarship</a></li></ul>]]>
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