177: Paul Zak, Neuroeconomist, Author and Public Speaker

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 7 July 2015

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dr. Paul Zak is a scientist, prolific author and public speaker. He has the very unique job title of Neuroeconomist. Dr. Zak has degrees in mathematics and economics and also has post-doctoral training in neuroimaging. In 2004, his lab discovered that the brain chemical oxytocin allows us to determine whom we can trust. Since then, he has continued to study the chemical, and his current research has shown that oxytocin is responsible for virtuous behaviors, working as the brain’s “moral molecule.” This knowledge is being used to understand the basis for civilization and modern economies, improve negotiations and treat neurologic and psychiatric disorders. The possibilities are endless. He has also written a book called The Moral Molecule: The Source of Love and Prosperity about his discoveries on oxytocin. He has a fascinating perspective on decision-making and finance. For more information visit www.somoneypodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So Money episode 177 Paul Zach.
0:05.1	You're listening to So Money
0:06.6	with award-winning money guru Farnoosh Karabi.
0:09.6	Each day get a 30 minute dose of financial inspiration from the world's top business minds,
0:14.8	authors, influencers, and from Farnus herself.
0:19.2	Looking for ways to save on gas or double your double coupons?
0:22.8	Sorry, you're in the wrong place.
0:24.8	Seeking profound ways to live a richer, happier life.
0:28.3	Welcome to So Money.
0:32.2	Welcome back to So Money, everyone. I'm your host
0:34.5	Farnish Terabi. Quick happy birthday shout out to my mom. Mom turns
0:39.6	I don't say how old she's turning today but it's a special birthday and I just want to say
0:45.9	Happy birthday mom. I love you. I'm not sure if you're listening to this podcast, but I'll call you later
0:50.7	and make sure that we connect.
0:52.9	But it's a special day in the Trawby household.
0:57.0	Mom is celebrating her birthday and I hope you got my card.
1:01.4	My guest today, everyone, is Dr. Paul Zach. He's a scientist, prolific author, and public
1:07.5	speaker. But that's not all. Dr. Zach has the very unique job title of
1:12.0	Neuroeconomist.
1:14.4	He has degrees in mathematics and economics
1:16.8	and also has post-doctoral training in neuroimaging.
1:20.7	In 2004, his lab discovered that the brain chemical oxytocin allows us to determine whom we can trust.
	...

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