59 min

#138 - Russ Roberts Y Combinator

    • Technology

Russ Roberts is the host of the podcast EconTalk (iTunes, RSS, and YouTube), a research fellow at Stanford’s Hoover Institution, and the author of several books, including How Adam Smith Can Change Your Life.You can find Russ on Twitter @econtalker.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:29 - What are his thoughts on “meaning, spirituality, or sense of belonging” in regards to creating your own company?3:34 - Capitalism bearing the burden of human nature4:04 - Why Russ started EconTalk7:44 - Key economic concepts for founders after 700 EconTalk episodes13:49 - Helpful methods for teaching economic concepts18:09 - "Man naturally desires, not only to be loved, but to be lovely" - Adam Smith in The Theory of Moral Sentiments19:39 - Why Russ wrote How Adam Smith Can Change Your Life24:14 - How EconTalk has changed since the beginning 26:14 - Steve Adema asks - Russ Roberts has emphasized the limits of "only looking where the light is" when it comes to studying well-being. How can economists incorporate the aspects of well-being that aren't easily quantified?34:34 - Warren Buffett's gift to his son36:09 - Founders and unintended consequences 39:44 - The emotional aspect of giving your company away44:19 - Anthony Y. asks - Has a guest on his show ever made him change his mind on a topic?50:54 - Has Nassim Taleb convinced him to deadlift?52:59 - Russ often quotes David Foster Wallace's speech, “This is Water”. Specifically, he quotes the phrase, “everyone worships.” What does Russ worship?

Russ Roberts is the host of the podcast EconTalk (iTunes, RSS, and YouTube), a research fellow at Stanford’s Hoover Institution, and the author of several books, including How Adam Smith Can Change Your Life.You can find Russ on Twitter @econtalker.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:29 - What are his thoughts on “meaning, spirituality, or sense of belonging” in regards to creating your own company?3:34 - Capitalism bearing the burden of human nature4:04 - Why Russ started EconTalk7:44 - Key economic concepts for founders after 700 EconTalk episodes13:49 - Helpful methods for teaching economic concepts18:09 - "Man naturally desires, not only to be loved, but to be lovely" - Adam Smith in The Theory of Moral Sentiments19:39 - Why Russ wrote How Adam Smith Can Change Your Life24:14 - How EconTalk has changed since the beginning 26:14 - Steve Adema asks - Russ Roberts has emphasized the limits of "only looking where the light is" when it comes to studying well-being. How can economists incorporate the aspects of well-being that aren't easily quantified?34:34 - Warren Buffett's gift to his son36:09 - Founders and unintended consequences 39:44 - The emotional aspect of giving your company away44:19 - Anthony Y. asks - Has a guest on his show ever made him change his mind on a topic?50:54 - Has Nassim Taleb convinced him to deadlift?52:59 - Russ often quotes David Foster Wallace's speech, “This is Water”. Specifically, he quotes the phrase, “everyone worships.” What does Russ worship?

59 min

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