S E2: Core Principle 1 - The Cost-Benefit Principle - The Pros & Cons
08/18/20 • 17 min
2 Listeners
Making a pros-and-cons list when you’re stuck isn’t a bad piece of advice, it’s actually a staple of Thinking Like An Economist. Betsey Stevenson and Justin Wolfers walk us through thinking about the costs and benefits of every decision, and also warn of red flags that can lead us astray.
Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Making a pros-and-cons list when you’re stuck isn’t a bad piece of advice, it’s actually a staple of Thinking Like An Economist. Betsey Stevenson and Justin Wolfers walk us through thinking about the costs and benefits of every decision, and also warn of red flags that can lead us astray.
Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Previous Episode
S E1: Why Should You Think Like an Economist?
Want to make ‘no regrets decisions’? This podcast will teach you how! Betsey Stevenson and
Justin Wolfers are on a mission to equip everyone with key tools from economics that can
truly transform your life: from career dilemmas and financial conundrums to sorting out
complicated problems in your personal life, economics will help you. Let’s get stuck in.
Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Next Episode
S E6: Is now the time to improve yourself?
Betsey & Justin are getting ready for another year of teaching economics. And with all the recent challenges in the world, Betsey and Justin have some real-world advice for you - does investing in skills or education make sense right now?
We'll be back on September 8th, looking at that old favourite - Demand.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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