23 episodes

Can we learn to make smarter choices? Wharton professor Katy Milkman shares stories of irrational decision making--from historical blunders to the kinds of everyday errors that could affect your future. Choiceology, an original podcast from Charles Schwab, explores the lessons of behavioral economics, exposing the psychological traps that lead to expensive mistakes.

Season 1 of Choiceology was hosted by Dan Heath, bestselling author of Made to Stick and Switch.

Podcasts are for informational purposes only. This channel is not monitored by Charles Schwab. Please visit schwab.com/contactus for contact options.

Choiceology with Katy Milkman Charles Schwab & Co., Inc.

    • Society & Culture
    • 4.8, 571 Ratings

Can we learn to make smarter choices? Wharton professor Katy Milkman shares stories of irrational decision making--from historical blunders to the kinds of everyday errors that could affect your future. Choiceology, an original podcast from Charles Schwab, explores the lessons of behavioral economics, exposing the psychological traps that lead to expensive mistakes.

Season 1 of Choiceology was hosted by Dan Heath, bestselling author of Made to Stick and Switch.

Podcasts are for informational purposes only. This channel is not monitored by Charles Schwab. Please visit schwab.com/contactus for contact options.

Customer Reviews

4.8 out of 5
571 Ratings

571 Ratings

Beaker92 ,

Repetitive, obvious and talks down to audience

After listening to several episodes, I finally unsubscribed, even though I love Schwab and am a big fan of the sister show: Financial Decoder. That podcast guides financial novices without treating its listeners like elementary school students. It also incorporates concepts from Sociology, but does so in a concise, relevant manner that provides insight. I find economic and sociological heuristics interesting, but many of them are not overly complex concepts: we don't need ten different examples to understand the confirmation bias. Choiceology, on the other hand, constantly underestimates its listeners' intelligence. We're continually ahead of the host. For instance, in the latest episode: "People stereotype all the time." Yes. "For instance, if you hear someone is named Jamal, who do you picture?" I hear you: many people will associate that name with a certain ethnicity. "Dr. So-and-So did an experiment testing just that thing." I got it! The results will back it up. Not necessary to hear three minutes of an interview with a researcher who goes on to prove the obvious. We know people stereotype. Move. On.

There's also a fair amount of sloppiness. The latest episode (warning: spoiler alerts coming) involves the host calling out people’s assumption that an opera lover is more likely to be a classical violinist than a farmer despite population data clearly indicating the odds are much greater that it's the latter. Yet moments before, she called out people for assuming a model is able-bodied. But aren't the odds far greater that a model IS able-bodied? The disabled model at the center of the story even states she's an anomaly in the world of hosting. Unfortunately, each episode should be half the length and stop expressing ideas as if they're wildly complex and require endless repetition. Milkman does little to dispel the unfortunate perception out there that sociology is a simple, obvious discipline that borders on pseudoscience.

Schneider22zx ,

Great advice

Not your typical corporate podcast! Well produced podcast with practical advice which is presented in an interesting and entertaining way The topics are broad and have implication on the decision making process. This is much more than a podcast which gives financial advice.

billipo ,

Can’t get enough!

I’ve listened to this podcast since the first episode and am a huge Heath Bros. fan. I’m so glad they got Katy to take over the ship, because she’s killing it! Keep it up, Katy!

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