unSILOed with Greg LaBlanc

Greg La Blanc
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Mar 22, 2023 • 59min

262. The How and Why of Art feat. Lance Esplund

What is art, and who gets to define it? Museums have long staked a claim on knowing what to show, but there has always been a wide range of how viewers engage with art. There is also a wide range of artists and what is considered art, from classical masters like Titian to modern conceptual artists like Marcel Duchamp.Lance Esplund is an art critic, journalist, educator, and author. His book, titled The Art of Looking: How to Read Modern and Contemporary Art, is about telling the reader how to become a better viewer of art, what to look for, and how to engage with the works of more conceptual and modern artists.  Lance and Greg discuss how people can think when they engage with works of art, and the intentions that can be known from the artists. They discuss art history courses and what they get right and wrong, how art is always changing and yet still the same as the cave paintings in Lascaux, France, and Lance’s tips for how to go through a museum.*unSILOed Podcast is produced by University FM.*Episode Quotes:  Art exists for art’s sake43:30: Art exists for art's sake. Art is only art, and I don’t think it has any job to help with social justice, change the world, help with climate change, or assist with starving people. It has no other purpose other than to be art. And to be in dialogue with other arts. Now, certainly, art doesn't exist without the people who make it and experience of it. But it is there and meant to be in relationship to other art. 47:48: The artwork doesn't care who made it or what the purpose was. Either it works, or it doesn't. And the only way to know if it works is for us to experience it on an aesthetic level and on personal, emotional, and intellectual levels.Art is a universal experience09:01: Great art gives you infinite ways to enter, and one was made just for you specifically. If it's great work, it can give you an entry point that works just for you. And that's one of the great things. It's a very personal but universal kind of experience.Developing your aesthetic judgment by asking the right questions27:07: We use our aesthetic judgment everywhere, whether we prefer this taste to that taste or this color to that color. And these are the things that you're doing with art too. It's just the human experience. That's all you're doing: bringing your human experience to it. It doesn't take any other skills than that, but it does require that you ask the right questions.Show Links:Recommended Resources:TitianPaul Klee Howling Dog by Paul Klee Marcel Duchamp Fountain by Marcel DuchampPiet MondrianMarina AbramovićHenri MatisseLascauxNew Yorker Article about Picasso visiting LascauxErnst GombrichGuest Profile:Lance Esplund on LinkedInHis Work:Lance Esplund’s ArticlesThe Art of Looking: How to Read Modern and Contemporary Art Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Mar 20, 2023 • 47min

261. The Magic of Magical Thinking feat. Matthew Hutson

How does magical thinking help or hurt us in our everyday lives?? What would we lose if we removed the enchantment that it provides? Magical thinking is inherent in the human experience and persists even in an era dominated by the scientific worldview.Matthew Hutson is a journalist who writes for The New Yorker and other publications. Matt is also the author of the book The 7 Laws of Magical Thinking: How Irrational Beliefs Keep Us Happy, Healthy, and Sane. He shows us how magical thinking is hardwired into our brains and how we use it to both our benefit and detriment depending on the circumstance.Matt and Greg discuss Matt’s book and his different examples of magical thinking in scientific and practical environments. They discuss different experiments and trials which include lucky golf balls and sweaters worn by Mr. Rogers and the feelings of those who were nearly struck down by lightning. Matt discusses how error management theory and conditioned response theory help illuminate the roots of magical thinking.*unSILOed Podcast is produced by University FM.*Episode Quotes:Pattern-finding enhances when you’re anxious20:08: Pattern-finding can be enhanced when we're anxious. When you feel out of control, when you feel scared, when you feel stressed out, you try to regain control. And one way to regain control is to look for patterns in the world to try to understand the world better so that you can predict what's going to happen next or find some way to gain leverage to control your fate. So there's a lot of evidence showing that when people are stressed out or anxious, they see various patterns.What is magical thinking?03:25: The way that I define it [magical thinking] in the book is by applying attributing mental properties to non-mental phenomena or non-mental properties to mental phenomena.Attributing your mind to things around is not necessarily magical thinking43:59: In order to make sense of the social world, you need to attribute your mind to the fleshy objects moving around you. You have to see them like yourself, as having thoughts, emotions, hopes, dreams, and fears, which is not necessarily magical thinking.What is the error management theory?19:20: The error management theory is the idea that if there are two opposing types of errors, like false positives versus false negatives, it's often better to make one kind of error than the other.Show Links:Recommended Resources:Bad Is Stronger than Good by Roy BaumeisterError Management TheorySkinner BoxGuest Profile:Contributor’s Profile on Psychology TodayMatthew Hutson on LinkedInMatthew Hutson on TwitterHis Work:Matthew Hutson on Google ScholarArticles from the New YorkerArticles for Science.orgTHE 7 LAWS OF MAGICAL THINKING: How Irrational Beliefs Keep Us Happy, Healthy, and Sane Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Mar 17, 2023 • 56min

260. Leading Decision Factory feat. Max H. Bazerman & Don A. Moore

Organizational leaders can use the power of behavioral economics to not only make better decisions themselves, but by leading their employees, their customers, and their stakeholders to make wiser decisions, make the company more effective, and also make society better off as a result.Max H. Bazerman is Professor of Business Administration at the Harvard Business School and the Co-Director of the Center for Public Leadership at the Harvard Kennedy School. Don A. Moore is Professor in Leadership and Communication at Berkeley Haas and serves as Associate Dean for Academic Affairs. Their most recent book “Decision Leadership: Empowering Others to Make Better Choices" deals with how successful leaders can maximize the potential of others by empowering them to make better decisions.Max and Don are joining Greg to discuss how thinking systematically can help leaders make better decisions and create an environment for more people within their organizations to make more deliberate, smarter, and more ethical decisions.They are also exchanging ideas about the importance of empowering employees and rewarding wise decision-making within organizations, even when that means taking a risk.*unSILOed Podcast is produced by University FM.*Episode Quotes:On helping leaders create better decisions for their organizations[Max H. Bazerman] 10:50: When we think about leadership, we often think about people moving heavy objects from one side of the factory to the other. That isn't what most of our leaders coming out of Haas and HBS are doing these days. They're guiding an organization to make better decisions. And that's where the decision factory idea comes from, and that's where our motivation comes from—to help leaders create better decisions throughout their organization.Encouraging decision-makers to have leadership perspective[Don A. Moore] 12:34: We want to encourage decision-makers to think broadly about their interests and the interests of those who are affected by their decisions. That is the leader's perspective—not just what serves my interests but the long-term interests of the stakeholders, the organization, and others affected by my decisions, those who depend on me, and those I influence.Everyone has the power to exercise leadership[Don A.Moore] 50:25: If leadership is about affecting the behavior of those around us, then each and every one of us has some power to exercise leadership. Now, by virtue of their structural location in the organization, some of us have more such influence than others. But it is common for people to make the mistake of underestimating how much influence they have to guide the thinking and behavior of those around them.On being a good mentor[Max H. Bazerman] 36:17: One of the things that made me good as a mentor, and probably what I've been best at in my career, is not just telling them what to do but benefiting from what they can do better than I can do and bringing that together in an integrated way.Show Links:Recommended Resources:Howard Raiffa “The Art and Science of Negotiation”Cass SunsteinDavid LaibsonMichael NortonDaniel KahnemanKeith StanovichRichard WestunSILOed - John List EpisodeunSILOed - Max H. Bazerman episodeunSILOed - Don A. Moore episodeGuest Profile:Max H. Bazerman Faculty Profile at Harvard Business SchoolMax H. Bazerman on TwitterDon A. Moore Faculty Profile at Berkeley HaasProfessional Profile on Psychology TodayAuthor’s Profile on HarperCollins PublishersDon A. Moore on LinkedInDon A. Moore on TwitterTheir Work:New Book: Decision Leadership: Empowering Others to Make Better ChoicesJudgment in Managerial Decision MakingMax H. Bazerman WorkMax H. Bazerman on Google ScholarThe Power of Experiments: Decision Making in a Data-Driven World The Power of Noticing: What the Best Leaders SeeBlind Spots: Why We Fail to Do What’s Right and What to Do about ItNegotiation Genius: How to Overcome Obstacles and Achieve Brilliant Results at the Bargaining Table and BeyondPredictable Surprises: The Disasters You Should Have Seen Coming, and How to Prevent Them (Leadership for the Common Good)Don A. Moore WorkDon A. Moore on Google ScholarPerfectly Confident: How to Calibrate Your Decisions Wisely Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Mar 15, 2023 • 50min

259. Storytelling is Everywhere feat. David Riemer

Everyone loves a good story, but more than that, we as humans are programmed on a genetic level to share and learn all kinds of information through stories. When you tap into the power of that response you can use it to engage people on all levels, from customers to audiences to investors, and achieve a connection with them on a fundamental level.David Riemer is a lecturer at the University of California’s Haas School of Business and adviser at Berkeley’s Skydeck Accelerator, where He has been called the “startup whisperer” He has recently put his insight into a book, Get Your Startup Story Straight: The Definitive Storytelling Framework for Innovators and Entrepreneurs, which is all about how founders can use the power of stories to enhance their chances in business.David and Greg discuss how this response to story evolved, how to form your core product story, some examples where storytelling was the x-factor to success for different startups and founders, and other examples of storytelling in other industries like advertising and blockbuster movies tying together an audience through the shared understanding that makes us human. *unSILOed Podcast is produced by University FM.*Episode Quotes:Every story is different13:48: Every time you tell the story, it's going to be a little bit different. For the simple reason that there's a different player in the storytelling, and that's your audience. When the audience is different, people respond differently to different things, and it can lead you to different paths and down different channels. So it's always a bit of a dialogue.Best leaders are good storytellers41:26: One thing that separates a leader in their career is that the best leaders are good storytellers. And these folks want to grow in organizations, continue moving up the ladder, and have bigger jobs. And storytelling can be a great differentiator for them in their careers.The importance of human experience in storytelling34:10: If we're looking for ways for people to empathize and have something resonate with someone who may not understand the experience or the category, I always encourage people to look for that human experience. That helps explain the struggle of the customer so that, when you describe the solution, anybody can relate to what you're talking about.You can be authentic and a good performer16:53: Sometimes people think if someone is showing energy and their voice is showing vocal variety, they're using their arms, and maybe they're walking around and looking and making eye contact that they're not being authentic. They're being human. You can be authentic and be a good performer. One doesn't replace the other. And I always advise people that true stories are better than made-up stories.Show Links:Recommended Resources:Steve Blank - Get out of the BuildingSurbhi Sarna on LinkedInPixar’s 22 Rules of StorytellingGoogle ‘CODA’ advertisementApple Watch ‘Dear Apple’ advertisementKomal Ahmad on Solving Food WasteGuest Profile:Faculty Profile at Berkeley Haas School of BusinessContributor’s Profile on ForbesDavid Riemer’s WebsiteDavid Riemer on LinkedInDavid Riemer on TwitterHis Work:Articles on MediumGet Your Startup Story Straight: The Definitive Storytelling Framework for Innovators and Entrepreneurs Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Mar 13, 2023 • 54min

258. Exploring the Role of Corporations in Society feat. William Magnuson

Corporations are engines of progress and prosperity, directly influencing the quality of life of the general public while sometimes recklessly pursuing profit at the expense of us all.William joins Greg for a nuanced examination of the modern economy’s central institution, its origins in the Roman Republic, where corporations were designed to promote the common good, their role in mediating influence between the tyranny of government and the populace, their flaws, and the cultural shift to turn increasingly to corporations to solve society's biggest problems rather than the public sector.William Magnuson is an associate professor at Texas A&M Law School. Previously he taught law at Harvard, worked as an associate in Sullivan & Cromwell, and as a journalist in the Rome bureau of the Washington Post. He is the author of Blockchain Democracy: Technology, Law and the Rule of the Crowd, and has written for numerous leading publications including Harvard Business Law Review, Stanford Journal of Law, Business and Finance, and the Wall Street Journal.*unSILOed Podcast is produced by University FM.*Episode Quotes:Creating corporations then vs. now15:27: Today, if you want to create a corporation, I could log on right now and form a corporation within the next five minutes, and I could include in my charter a provision that would say my purpose is all purposes that are legal. Now that's a remarkable change. It used to be you had to go in front of a sovereign and ask them for permission and show why you were going to be good for the state. Nowadays, you can just create immediately.25:55: It's hard to deny that the sole, single-minded pursuit of profit sometimes, maybe even often, leads to harm to society.The cultural shift in the way we view corporations16:22: There's been a cultural shift in the way that we view corporations. It used to be, we thought of them as a tool, right? This tool would be used to promote the common good through the pursuit of commercial endeavors. All right? You had to justify yourself to the sovereign. Nowadays, we don't think of that.Who influences your life today? The government or corporations.12:00: You think about who influences your lives more today. Is it the government, or is it a corporation? Most people spend eight to nine hours a day working for corporations. Most people are not doing that for the government. That gives you a pretty clear indication of the importance of corporations today.Show Links:Recommended Resources:Barbarians at the Gate: The Fall of RJR NabiscoAdam SmithGiovanni di Bicci de' MediciLudovic PhalippouGuest Profile:Faculty Profile at Texas A&M Law School Professional Profile on LinkedInHis Work:For Profit: A History of CorporationsBlockchain Democracy: Technology, Law and the Rule of the Crowd Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Mar 10, 2023 • 46min

257. How Influence Works feat. Jon Levy

Is our behavior truly our own? Or do our choices grow out of our environment? There are influences all around each of us, and often the walking talking version of influencers ends up shaping the behavior of the people around them in ways that are not always visible.Jon Levy is a behavior scientist and the founder of the Influencers Dinner. He is also an author. His latest book is called You're Invited: The Art and Science of Connection, Trust, and Belonging, and his previous work is titled The 2 AM Principle: Discover the Science of Adventure. Through the use of models, Jon has studied the science of influence and in what ways to both change what influences are affecting you, and how to use influences to affect a change in your behaviors.Jon and Greg discuss Jon’s work, how to level yourself up by surrounding yourself with the right people, how people become friends, and the surprising camaraderie that happens when you ask strangers to work and make food together. Jon also examines how behavior can become contagious, and the surprising reasons why you might not want your child to grow up to be an Olympian.*unSILOed Podcast is produced by University FM.*Episode Quotes:Adventure is a way to build a muscle for social skills09:38: Adventure is a fantastic process to live an interesting, exciting, potentially creative life. It's a fantastic way to bond with people that you adventure with, and more importantly, it is an incredible way to build the muscle of social skills and tolerance for discomfort, and social discomfort. These are skills that are essential in just about anything you'd want to do in life.03:08: If we can understand the mechanics of how relationship works, just like how an adventure works, suddenly things become possible that otherwise would be impossible.How do you establish meaningful interactions?41:33: Regardless of how introverted, extroverted, or shy you might be, just start gathering people or go and participate in other people's gatherings.On cultivating community39:39: If you want to be more active in cultivating community around you, you need consistent opportunities for people to engage with each other. So it's not just about me knowing you, me knowing your friend, and me knowing 20 other people. It's how do I get them to know each other.Show Links:Recommended Resources:Jonah Berger Nicholas ChristakisJames H. FowlerBored Ape Yacht ClubGuest Profile:Jon Levy's WebsiteJon Levy on LinkedInJon Levy on TwitterJon Levy on InstagramJon Levy on TED Salon: Brightline InitiativeJon Levy on Talks at GoogleHis Work:Influencers DinnerArticles on ForbesArticles on Inc.You're Invited: The Art and Science of Connection, Trust, and BelongingThe 2 AM Principle: Discover the Science of Adventure Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Mar 8, 2023 • 50min

256. Accepting Mortality feat. Andrew Stark

Live every day like it’s your last, or like it's the beginning of the rest of your life? The way we answer this question is closely tied to views on mortality, and how humans deal with the concept of their own impending demise. Death is the inevitable great leveler, and yet there are many different ways that humans think and live with the topic.Andrew Stark is a professor of Strategic Management at the University of Toronto. Andrew is also the author of several books. His latest is titled The Consolations of Mortality: Making Sense of Death and his other books include, Drawing the Line: Public and Private in America, The Limits of Medicine, and Conflict of Interest in American Public Life.Andrew and Greg discuss different views on death and mortality that have been present throughout history in different cultures and religions. They touch on the philosophies of Epicurus and of famous Stoics like Marcus Aurelius, and what more modern philosophers and literary figures have had to say about the subject of death, and explore how those more technologically-minded have set about to eliminate the threat of death and transform mortality almost completely. *unSILOed Podcast is produced by University FM.*Episode Quotes:On the resurgence of Buddhist and Stoic thinking26:57: If you're a Buddhist and you believe there is no such thing as the self, then there's nothing that can die, first of all, because there is no self to die. There is nothing that really has any attachments in the world such that you could be harmed if something happens to them. And so letting go is, if you can achieve it, something that might allow you to lead a life that's more tranquil, more realistic, and maybe more beautiful. Stoicism is similar. It doesn't say there is no self, but it says that we should put ourselves in a situation where the only things we care about are the things we can control. 29:28: Mortal or immortal, we'd still be temporal. We would still be creatures who lived in time, and time brings changes. Things are constantly changing in time. One implication of that is that even if we didn't die, we'd still have the motivation to get out of bed in the morning.Do we need to suppress some awareness of death to get the best out of us?37:17: My own hope is that we simply be aware that being mortal is better than any other option we might have had if we're going to live in time; that is, if we're going to be temporal creatures, which we have to be, then being mortal is better than being immortal.Even if we escape mortality, we're not going to escape time32:49: I see right now that the world is changing in all sorts of ways, and I'm not saying I disapprove or approve of them. They're strange to me. And even if I can acclimatize to them, it's not as if the changes are going to stop. They're going to keep going on and on. And if we think about that over hundreds of years, thousands of years, or tens of thousands of years, time is the problem, and even if we escape mortality, we're not going to escape time.Show Links:Recommended Resources:Stanford Encyclopedia of Philosophy for EpicurusPoetry Foundation page for Friedrich HolderlinWikipedia Page for the 27 ClubOzymandiasMarcus AureliusRamses VII“The Snows of Kilimanjaro” by Ernest HemmingwayDerek ParfitLeon KassHans JonasBernard WilliamsRay KurzweilMartin HeideggerNon-religious ConstellationsIt's a Wonderful LifeLife Is BeautifulGuest Profile:Faculty Profile University of Toronto-ScarboroughHis Work:The Consolations of Mortality: Making Sense of DeathDrawing the Line: Public and Private in America The Limits of Medicine Conflict of Interest in American Public Life Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Mar 6, 2023 • 59min

255. Why Emotions are Key to Rationality feat. Ronald de Sousa

Emotions play a pivotal role in shaping our lives. They contribute crucially to the rationality of life, making us unique in our ability to reason and make sense of the world.Ronnie de Sousa is a Swiss-born Canadian philosopher, renowned for his outstanding contributions to the philosophy of emotion and biology, a Professor Emeritus at the University of Toronto and author of such books as  The Rationality of Emotion (1987), Why Think? Evolution and the Rational Mind (2007) and Love: a Very Short Introduction (2015).Ronald and Greg talk about how emotions enable us to create appropriate responses to situations we face in life and to what extent we can evaluate emotions themselves as being more or less rational. They also discuss the profound impact that language has on how we perceive and experience our emotions, and how our relationships are shaped by what we say about them and what others say about them.*unSILOed Podcast is produced by University FM.*Episode Quotes:Emotions contribute to the rationality of life25:31: Emotions are just attitudes, and value in the world is just the projection of your attitude. The world is completely devoid of any objective real value. It's just chaos. And what makes life meaningful is that we are interested in this, that, and the other. That's what creates goals, and that's why our emotions help us to respond in ways that are relevant to those goals. And so emotions contribute crucially to the rationality of life. 06:24: An enormously important point about rationality is that it often escapes people because they tend to think that the only options are, well, you're either rational or irrational.Teleology vs. rationality08:05: Teleology is just something that has to do with the adaptation of a strategy to a goal. And, of course, in the context of evolutionary psychology, the goal is essentially just the trivial goal of propagating DNA, but rationality has to do with how we conceptualize the relationship between goal and means. And once again, with language, how we can debate about that, consider different strategies, invent new strategies, and innovate.Why people shouldn't be so sure of themselves47:22: If there's anything I want to convince people of is that they shouldn't be so sure of themselves and that moral fervor is not, in general, something that will achieve any of the reasonable goals that a moralist might want to achieve.Show Links:Recommended Resources:Thomas Hobbes “Leviathan” (1651)David HumeWhat the Tortoise Said to AchillesSharon StreetGuest Profile:Faculty Profile at the Department of Philosophy of the University of Toronto Ronald de Sousa on Linkedin Ronald de Sousa on TwitterAgainst Nature: Ronald de Sousa at TEDxUTSCHis Work:Articles on AeonRonald de Sousa on Google ScholarLove: A Very Short Introduction (Very Short Introductions)Emotional Truth Why Think? The Evolution of the Rational MindThe Rationality of EmotionThe Humanities in Dispute Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Mar 3, 2023 • 1h 3min

254. Creating an Innovation Factory feat. Linda Yates

In the last decade, disruptive innovation has come primarily from startups like Uber, AirBnB, or not legacy companies. But Linda Yates argues that large companies can and should compete with start-ups by creating an internal innovation pipeline.Linda joins Greg to discuss her new book, The Unicorn Within: How Companies Can Create Game-Changing Ventures at Startup Speed, which is a step-by-step guide for leading internal corporate innovation Linda Yates is the Founder and CEO of Mach49, which partners with companies to create their internal pipelines for new ventures and investments. The company helps its clients figure out how to disrupt their own market and innovate within their own industry.   Episode Quotes:Looking at funding like an onion44:26: If you think about Silicon Valley, we look at funding like an onion. Every layer of onion is a layer of risk. It could be a financial risk, technical risk, market risk, or, in the case of a large company, governance risk. You love it to death or you starve of oxygen. And every single internal entrepreneur must build a very rigorous business and execution plan designed to remove the greatest amount of risk on a least amount of capital.15:26: The only way you are going to drive growth that matters and have a financial impact on these large multi-billion dollar multinational public companies is if they can innovate at scale.The importance of understanding customer pain43:36: What's the fundamental underlying principles of what we do? Understand customer pain. Everything you have to do has to be customer driven. We say customer insights are the currency of credibility. Everything else is an uninformed opinion.The fundamental shift that created an existential crisis among large companies09:44: The large companies could be fat, dumb, and happy. They didn't have to innovate with the speed with which they have to do it now because they weren't facing that whole category of competitors, which are these startups fueled with billions of dollars of capital and zero orthodoxies and antibodies coming after them. That's the fundamental shift that has created a little bit of an existential crisis among these large. Show Links:Recommended Resources:Dreamers and Disruptors: How the Evolution of Silicon Valley is Reshaping Our World by Paul HollandOmniBridgeGuest Profile:Professional Profile on Mach49Professional Profile on Forbes | CouncilsLinda Yates on LinkedInHer Work:The Unicorn Within: How Companies Can Create Game-Changing Ventures at Startup Speed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Mar 1, 2023 • 60min

253. The Problem with Economic Orthodoxy feat. Ha Joon Chang

Food is much better and more interesting when it combines many cuisines. So too is economics more fruitful when it sources from different schools. While many countries have seen their diets expand, the profession of economics increasingly relies on “monocropping”, drawing only from the neo-classical school. In his latest book, Edible Economics, economist Ha Joon Chang uses the ever changing food culture to help readers understand how economic theories are also constantly evolving and merging. In this episode of unSILOed, Chang and Greg discuss Chang’s new ideas around economic theories and how food can guide us into that new way of thinking. Ha Joon Chang is an economist based at the University of London. He’s also taught at The University of Cambridge. He is the author of 17 economics books. Episode Quotes:The effect of free trade in the long run42:46: Free trade is good actually in the short run for everyone. Trouble is that if you keep doing free trade, the economically backward countries will be basically stuck where they are. So, you need different medicines for different people. But since most economists these days believe that there's only one correct policy for everyone, they keep giving the wrong medicine.Is economics the supreme logic?06:38: By saying that economics is the supreme logic, we are actually forcing all these other things to be secondary to the calculations of the profit, the prices, and so on. And I don't think that's a healthy thing.We cannot have economics the same way with physics & chemistry13:54: The world is too complex and too uncertain, and human beings are so unpredictable that we cannot have economics that is scientific in the same way that physics or chemistry are. Just think about it. Subatomic particles do not say, “According to the theory, I’m supposed to behave this way.” I’m not going to do that because it’s unethical. Chemical molecules do not say, “Well, we always have been moving this way, but wouldn’t the world be a better place if we went the other way?” You know, that’s what humans do.What can we learn from rich countries about good economic development?31:25: In the last 40 years, the prevailing view has been that pre-trade, deregulated markets, and the prevalence of private ownership are things that are good for economic development. When you look at the history of today's rich countries, you find that they use almost the exact opposite of what they're recommending.Show Links:Recommended Resources:Joseph SchumpeterThorstein VeblenJohn R. CommonsWesley Clair MitchellReport to Congress on The Subject of on The Subject of Manufactures by Alexander HamiltonCharles P. KindlebergerFriedrich ListGuest Profile:Faculty Profile at University of LondonProfessional Profile on Center for Economic Policy and ResearchProfessional Profile on The GuardianHa-Joon Chang’s WebsiteHis Work:Ha-Joon Chang on Google ScholarEdible Economics: A Hungry Economist Explains The WorldEconomics: The User’s GuideReclaiming Development: An Alternative Economic Policy Manual (Critique Influence Change) 23 Things They Don’t Tell You About CapitalismBad Samaritans: The Myth of Free Trade and the Secret History of CapitalismThe East Asian Development Experience: The Miracle, the Crisis and the FutureReclaiming Development: An Alternative Economic Policy Manual (Global Issues) Globalisation, Economic Development & the Role of the State Restructuring 'Korea Inc.': Financial Crisis, Corporate Reform, and Institutional Transition (Routledge Studies in the Growth Economies of Asia)Kicking Away The Ladder: Development Strategy in Historical Perspective Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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