Richard Robb on Choice in Economics, Politics, and Life

Mike talks with Richard Robb, a professor of professional practice in international and public affairs at Columbia University and CEO of the investment firm Christofferson, Robb & Company, which he co-founded in 2001. They discuss his recent book Willful: How We Choose What We Do. After the interview, Kristin joins Mike for a conservative perspective. Topics Richard and Mike cover include: the rational choice paradigm behavioral economics purposeful, ‘for itself’ action how and why we pick beliefs that appeal to us the four-step process of belief formulation Pareto efficiency and public policy if policymakers have enough skin in the game choosing over time the critical need for authentic challenges with real stakes and uncertain outcomes Today's show is sponsored by SaneBox - email management for any inbox. For a free two-week trial and $25 credit, go to sanebox.com/politicsguys. Be part of the discussion on the Politics Guys ‘BipartisanPolitics’ community on Reddit. Listener support helps make The Politics Guys possible. If you’re interested in supporting the show, go to patreon.com/politicsguys or politicsguys.com/support. Support this podcast at — https://redcircle.com/the-politics-guys/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoicesThe Politics Guys on Facebook | XListener support helps make The Politics Guys possible. You can support us or change your level of support at patreon.com/politicsguys or politicsguys.com/support. On Venmo, we’re @PoliticsGuys.The Politics Guys is part of The Democracy Group, a network of podcasts that examines what's broken in our democracy and how we can work together to fix it.