Manage episode 289159769 series 5173
We live in a time of cancel culture. A time devoid of reason. A time with so many unwilling to speak truth. My guest today James R. Otteson brings clarity back.
You have heard of the Seven Deadly Sins: pride, greed, lust, envy, gluttony, wrath, and sloth. Each is a natural human weakness that impedes happiness. In addition to these vices, however, there are economic sins as well. And they, too, wreak havoc on our lives and in society. They can seem intuitively compelling, yet they lead to waste, loss, and forgone prosperity. James Otteson tells the story of seven central economic fallacies, explaining why they are fallacies, why believing in them leads to mistakes and loss, and how exorcizing them from our thinking can help us avoid costly errors and enable us to live in peace and prosperity.
Bio:James R. Otteson is the John T. Ryan Jr. Professor of Business Ethics in the Mendoza College of Business at the University of Notre Dame. He received his BA from Notre Dame and a PhD from the University of Chicago, and has taught at Wake Forest University, Yeshiva University, NYU, Georgetown, and the University of Alabama. His published work focuses on Adam Smith, eighteenth-century moral and political thought, liberalism, political economy, and business ethics.
In this episode of Trend Following Radio:
What is Morality? Ethics and Metaethics Correspondence Theory of Truth Group Identity Positive Sum and Zero Sum Wealth and Prosperity Covid 2020 Jealousy and Resentments Seven Deadly Economic Sins The Importance of Privacy Blockchain Technology