“What was once destiny is now decision.”
– Russ Roberts
Russ Roberts on readings from FA Hayek and Nassim Taleb, Charles Darwin’s insights into decision-making, the perils of science, life’s wild problems and the decisions that define us, lessons from the Talmud, the role of prayer, and the journey of transcendence
Russ Roberts switched roles as a guest on The Tim Ferriss Show to answer questions about his new book, Life’s wild problems and our defining decisions. Long time fan EconTalk, Conversations for the Curious, (Roberts’ acclaimed podcast) heard the idea for the book as Roberts wrestled with aspects of the project through many conversations with influential guests.
Tim Ferriss takes the discussion beyond the eagerly awaited book where both authors do what they are deeply admired for: make complex ideas understandable. A unifying theme of this journey of ideas is exploring how we can better focus on our journey so that we can celebrate our lives as a well-lived one. Share your insights with us; We love to hear from you.
1- At the start of the discussion, Tim Ferriss admits to little familiarity with FA Hayek. How Roberts interprets the profound message of Hayek’s Nobel address, “the pretense of knowledge” And quotes from “Curious Works…” Fatal pride Enlighten how the lesser-known Hayek defeated the famous John Maynard Keynes in the battle of the marketplace of ideas?
2- In what ways (other than the Amazon book recommendation example) is the Internet superior to human interaction in sorting and predicting? Do you believe AI can shape our future choices about some of life’s wildest problems? Why or why not?
3- Darwin married. Was adding “QED” at the end of his cost/benefit list perverse? What other techniques described by Roberts might Darwin have employed to reach his “absurd” results?
4- To what extent do you agree or disagree with Roberts’ borrowed claim, “You’re an idiot until you’re married”? How about a covenant agreement or her conviction in the superior nature of the marriage contract over the choice to remain celibate? Do these concepts provide insight into the decline in marriage rates among younger generations? Explained.
5- Roberts shares some things that give his Life textures, such as music appreciation, religious practice, and marriage, to name a few. Consider your own list, how it helps you Answer the question, “What is a healthy life”?