Understanding Nth Order Effects: How Legalising Gay Marriage May Help Straight Men

Charlie Munger, billionaire investor and vice-chairman of Berkshire Hathaway, was a large proponent of 2nd (and beyond) order thinking about the consequences of our decisions and the consequences of those consequences and so on as a good process for effective decision making. In this episode I highlight how the December 2017 changes to Australia's marriage act to legalise same-sex marriage may inadvertently help straight men in the future as the result of nth order effects as a means to demonstrate the principle. I also discuss the dangers of failing to consider nth order effects when we make decisions and evaluate the policies we support in jurisdictions where we have voting rights. Want to listen to more episodes? Visit https://www.monologuesbyhasi.com/ or subscribe on your favourite podcast app. To get in touch and leave me your 2c or ideas you'd like me to discuss in a future episode reach me on X (Twitter) @realHasinthaA. If you enjoy listening and would like to support this podcast you can buy me a coffee :) My intro and outro music are courtesy of Max Maikon and the YouTube Audio Library. Full credits are as follows: Track: Equilibrium — Max Maikon [Audio Library Release] Music provided by Audio Library Plus Watch:  Equilibrium — Max Maikon | Free Background Music | Audio Library Release Free Download / Stream: https://alplus.io/equilibrium