![]() ![]() The Moral Economy: Why Good Incentives Are No Substitute for Good Citizens by Sam Bowles, 2016.Ī Cooperative Species: Human Reciprocity and Its Evolution by Sam Bowles and Herbert Gintis, 2011. Nudge: Improving Decisions about Health, Wealth, and Happiness by Richard Thaler and Cass Sunstein, 2008. Misbehaving: The Making of Behavioral Economics by Richard Thaler, 2015. And we consider another question: can policies crafted with only selfishness in mind have perverse effects on the rest of us? This week on Hidden Brain, we talk with two behavioral economists - Sam Bowles and Richard Thaler - about why economic models of human behavior regularly fail to describe how people actually behave. Parents and teachers discipline truants.īut what about all the helpers, like the man who donated his mask? What are the costs when we design our public and economic policies to focus on the crooks and wrongdoers? Using science and storytelling, Hidden Brain's host Shankar Vedantam reveals. Hidden Brain helps curious people understand the world and themselves. Regulators and police departments come up with rules that punish lawbreakers. Airs Tuesdays at 9 pm & Sundays at 11 am. Legislators pass laws that take aim at transgressors. Hidden Brain reveals unconscious patterns that drive human behavior. In almost every sphere, our public and economic policies are designed around the assumption that most of us are going to behave like the first man. NPR's Book of the Day gives listeners today’s very best writing in a snackable. Think about this man who hoarded masks and the man who donated a mask. There are those who have even tried to profit from the pandemic, like the man in New York accused of stockpiling N95 masks to sell at an inflated price. We've seen this during the coronavirus crisis: People selflessly mobilizing to help each other, like the retired Kansas farmer who sent an N95 mask to New York to help a nurse or a doctor.Īt the same time, though, we've also seen some people do exactly what economic theory assumes they will: Place their own self-interest above everything else. We give donations when we could keep our money for ourselves.Īgain and again, we fail to act rationally and selfishly - the way traditional economics expects us to. We order dessert when we're supposed to be dieting. ![]() We don't always behave the way economic models say we will. The distribution was held to help people during the COVID-19 outbreak. You can also follow us on Twitter and listen for Hidden Brain stories each week on your local public radio station.Bilal Chaudhry, 16, picks up a dozen eggs to give to a person in a car during a free egg distribution in Cumru Township, PA. This week's episode was produced by Gabriela Saldivia. The Hidden Brain Podcast is hosted by Shankar Vedantam and produced by Rhaina Cohen, Jennifer Schmidt, Parth Shah, Renee Klahr, and Matthew Schwartz. We'll also ask Finkel, author of The All or Nothing Marriage: How the Best Marriages Work, for some tangible ways we can improve our love lives - including by asking less of our partners. This week we go back in time and look at the history of marriage and reflect on where we are today. Those of us who can meet the high expectations of modern marriage, Finkel says, may find "a level of marital fulfillment that was out of reach until pretty recently." The flip side of that disappointment, of course, is a marriage that's pretty amazing. " marriage that would have been acceptable to us in the 1950s is a disappointment to us today because of those high expectations," he says. In fact, there's evidence it's getting even harder.Įli Finkel, a social psychologist at Northwestern University, argues that's because our expectations of marriage have increased dramatically in recent decades. ![]()
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