#102 Sendhil Mullainathan: The Chaos Inside Us

The Knowledge Project with Shane Parrish

Farnam Street

Business, Investing, Entrepreneurship

4.7 • 2.9K Ratings

🗓️ 2 February 2021

⏱️ 98 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sendhil Mullainathan is the Professor of Computation and Behavioral Science at the University of Chicago Booth School of Business and the author of Scarcity: Why Having Too Little Means So Much. Sendhil reflects on lessons he learned from his father, how creativity is the marrying of ideation and filtration, direct versus associative memory, what we can do to get better, rules versus decisions, positioning over predicting, outcome over ego and so much more. Listen now for some ideas that you can put into practice that will help you become a better version of yourself.

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Transcript

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0:00.0	There's a person in my life, I just do not trust.
0:04.2	Like even though I spend a lot of time with this person, I just do not trust them.
0:07.7	Like it's embarrassing to say, but I don't trust their motives, I don't trust them to follow
0:12.2	through on anything.
0:13.8	And that person is me.
0:16.1	Like you should not trust yourself.
0:19.3	Like every, and so the sins, it's like handing over a bubble wrap to like a five-year-old.
0:26.1	It's like, you know what's going to happen.
0:28.0	So it's like well thought out rules have the property that they are ones that many parts
0:33.8	of ourselves subscribe to.
0:36.3	Poorly thought out rules, I think, don't have that property and are doomed if not to failure
0:42.3	to misery at some level.
0:59.3	Hello and welcome.
1:00.3	I'm Shane Parrish and you're listening to the Knowledge Project.
1:03.2	This podcast and our website, FS.blog, help you sharpen your mind by mastering the best
1:07.7	what other people have already figured out.
1:09.7	If you enjoy this podcast, we've created a premium version that brings you even more.
1:13.7	You'll get ad-free versions of the show, access before anybody else, transcripts, and so
1:18.7	much more.
1:19.7	If you want to learn more now, head on over to FS.blog slash podcast or check out the
1:23.7	show notes for a link.
1:25.5	My guest today is Centil Molli-Navin, professor of computation and behavioral science at the
	...

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