051: Behavioral Economics in the Workplace with Dr. Daniel Crosby

This week on Let’s Fix Work, I am joined by Dr. Daniel Crosby. Dan is an author, psychologist, and Chief Behavioral Officer at Brinker Capital. His primary focus is in behavioral economics and understanding how we make decisions around money. Dan and I met almost a decade ago, at a time when the economy wasn't doing very well. Since then he has published two books on the topic of wealth, money, and psychology. In this episode, we talk about behavioral economics in the workplace and why it all matters. If you are interested in the role behavioral economics plays in the market, the workplace, and how it affects our decisions, tune into this episode of Let’s Fix Work. In this episode, you’ll hear: Can we be doing better with our money? Willpower and why relationships and context matters Freewill, do we still have it? We answer the question, is the market consistently eroding what's in our best interests? Designing better employment experiences The role and responsibility of people in power On decision making: “Putting yourself in the right situations is a very big deal because we have limited willpower. Surrounding yourself with good people and being in good places is more than half the battle.” Dr. Daniel Crosby Resources from this episode: Thank you to our sponsor: Ultimatesoftware.com/LFW Dan Crosby TW https://twitter.com/danielcrosby Dan Crosby LI https://www.linkedin.com/in/danielcrosby Dan Crosby Books: The Behavioral Investor https://amzn.to/2STAo7q The Laws of Wealth: Psychology and the secret to investing success  https://amzn.to/2VPVK7C Everyone You Love Will Die https://www.kickstarter.com/projects/458001451/everyone-you-love-will-die *** We're proud to be sponsored by Ultimate Software. They're a leading cloud provider of people management solutions with a commitment to continuing education for HR, talent, and payroll professionals. Ultimate Software is hosting dozens of free educational HR workshops around the country. Check out ultimatesoftware.com/LFW for more information on how to earn free HRCI, SHRM, and APA recertification credits.