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The Learning Leader Show With Ryan Hawk

183: Barry Schwartz - The Paradox of Choice: Why More Is Less

The Learning Leader Show With Ryan Hawk

Ryan Hawk

Business, Management, Careers

4.91.4K Ratings

🗓️ 29 December 2016

⏱️ 43 minutes

🧾️ Download transcript

Summary

Episode 183: Barry Schwartz - The Paradox of Choice: Why More Is Less

Barry Schwartz studies the link between economics and psychology, offering startling insights into modern life. Lately, working with Ken Sharpe, he's studying wisdom. In his 2004 book The Paradox of Choice, Barry Schwartz tackles one of the great mysteries of modern life: Why is it that societies of great abundance — where individuals are offered more freedom and choice (personal, professional, material) than ever before — are now witnessing a near-epidemic of depression? Conventional wisdom tells us that greater choice is for the greater good, but Schwartz argues the opposite: He makes a compelling case that the abundance of choice in today's western world is actually making us miserable.

Infinite choice is paralyzing, Schwartz argues, and exhausting to the human psyche.It leads us to set unreasonably high expectations, question our choices before we even make them and blame our failures entirely on ourselves. His relatable examples, from consumer products (jeans, TVs, salad dressings) to lifestyle choices (where to live, what job to take, who and when to marry), underscore this central point: Too much choice undermines happiness.

Episode 183: Barry Schwartz - The Paradox of Choice: Why More Is Less

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The Learning Leader Show

"When you have infinite choice... Instead of being liberate, you get paralyzed."

In This Episode, You Will Learn:

  • Common themes to sustain excellence:
    • People really care about what they're trying to achieve
    • They want to change people's lives
  • Why the leaders of organizations must give their employees opportunities to stretch, and demonstrate mastery
  • Why Barry wore shorts during his legendary TED Talk
  • People think the more choices we have, the better we'll be. It has limits...
  • The consequences with ease of communication -- "People are thinking less, and talking more."
  • Why Twitter is bad
  • Daniel Kahneman's work -- System 1 and System 2
  • Why are movies on an airplane better?
  • The proper way to set expectations
  • The secret to happiness
  • How to manage expectations:
    • Make the rare not common - ie: Deliberately drink great win infrequently
  • Why are people affiliated with organized religion happier? -- Less to do with religion and more to do with community. Most religions are full of constraints
  • "Why We Work" -- Dan Pink's work on this is fantastic
  • The future of work -- A world full of contractors

"The secret to happiness is low expectations." -- Barry Schwartz

Continue Learning:

You may also like these episodes:

Episode 078: Kat Cole – From Hooters Waitress To President of Cinnabon

Episode 071: Nate Boyer - Green Beret, Texas Football, The NFL

Episode 073: Jay Bilas - World Class ESPN Basketball Broadcaster, Toughness, Fixing The NCAA

Episode 107: Simon Sinek – Leadership: It Starts With Why

Did you enjoy the podcast?

If you enjoyed hearing Barry Schwartz on the show, please don't hesitate to send me a note on Twitter or email me.

Episode edited by the great J Scott Donnell

The Learning Leader Show is supported by FreshBooksFreshBooks is offering a 30 day, unrestricted free trial to my listeners. To claim it, just go to FreshBooks.com/Learning and enter LEARNING LEADER in the "How Did You Hear About Us?" section.

Transcript

Click on a timestamp to play from that location

0:00.0

Our host Ryan Hawk believes that leaders can be made through determined

0:07.4

focused work on learning the art and science behind the makeup of other

0:11.4

successful leaders.

0:12.8

Now it's time to inhale knowledge and exhale success.

0:16.0

You're listening to the Learning Leader Show I am Ryan Hawk. Thank you so much

0:36.0

for being here. Quick reminder, please join us to further the dialogue in our

0:40.8

Facebook group, the Learning Leader community.

0:43.7

We'd love to have you.

0:44.8

Go to Learning Leader.com slash group to sign up.

0:47.8

We'll add you and you could further the dialogue, maybe argue a little bit, bring up some

0:51.8

interesting topics that we can discuss.

0:54.3

It's been a lot of fun over the last few months.

0:56.4

On tonight's episode with my featured leader, Barry Swartz, multiple time best-selling

1:01.8

author, latest book titled Why We Work.

1:04.0

Also, a moment for him that went viral in 2005 Oxford, England,

1:10.0

Barry stood up on the TED stage wearing a t-shirt and shorts and delivered a talk titled The Paradox of Choice.

1:16.0

Since then, 9 million people have viewed it and it's changed his life. We talked about that during this conversation.

1:22.0

A few of the other things we got into, why more is less? The secret to happiness

1:29.3

than how his work relates to Daniel Kahneman's system one and system two thinking.

1:34.4

If you haven't heard of that, don't worry, we'll get into it and I think you'll find it interesting.

1:38.0

And then why Twitter is bad, thoughtful, thought-provoking conversation. I think you'll like it with Barry Schwartz, thank you so much for being here on the Learning Leader

1:57.9

Show.

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