Today's episode is a little different. My two guests today are my oldest daughter's

Amanda and Lily, and while they haven't yet won a Nobel Prize like some of my other illustrious

guests, I think they'll have something interesting to say. They're thoughtful 21-year-olds

trying to figure out their place in the world, which isn't always easy.

Welcome to People I Mostly Admire, with Steve Levitt.

I suspect you will see a very different side of me today. We've talked a lot about parenting

on this podcast, but today you get to actually see me in action as a parent, and there can

be little doubt that I'm way better at being an economist than I am of being a parent,

so let's see how it goes.

I'm guessing you're not that excited to be here today talking with me, Amanda, is that

true?

Not feeling that nervous right now, but yeah, I'm not a fan of interviews and being recorded.

My daughter, Amanda, tends to be shy and soft-spoken. She sometimes struggles to find the

right words when she speaks. She prefers to express herself through music, photography,

and writing. Lily, on the other hand, typically has a lot to say and has always had very

strong opinions.

So Lily, you go to Vassar College, what are you going to major in?

I'm majoring in psych and minoring in econ.

Now I have to say, it surprises me a little that you're minoring in econ because at least

when you were young, you did not seem to be a budding economist.

So we were a household where, as you might imagine, since I'm economist, there were a lot

of incentives used, positive, and sometimes negative, to try to get people to do things,

...