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Intelligence Squared

Business Weekly: Michael Lewis On How Behavioural Economics Changed The World

Intelligence Squared

Intelligence Squared

News, Society & Culture, News Commentary, Arts

4.21.2K Ratings

🗓️ 27 December 2021

⏱️ 59 minutes

🧾️ Download transcript

Summary

Michael Lewis is one of the most successful non-fiction authors alive. In a series of titles that have sold 9 million copies worldwide, he has lifted the lid on the biggest business stories of our times, enthralling readers with his knack for humanising complex subjects and giving them the page-turning urgency of the best thrillers. Liar’s Poker is the cult classic that defined Wall Street during the 1980s; Moneyball was made into a film with Brad Pitt; Boomerang was a breakneck tour of Europe’s post-crunch economy; and The Big Short was made into a major Oscar-winning film starring Christian Bale, Ryan Gosling and Steve Carell. In November 2017 Lewis came to the Intelligence Squared stage, where he was joined by economics journalist Stephanie Flanders, to discuss his work. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

The climate crisis is something many of us feel pretty anxious about and it's already hitting some of the world's poorest hardest

0:06.2

But practical action is a global development charity with 60 years of experience in tackling how to alleviate poverty for those on the front line of

0:13.6

Turbine change people like Pauline from Kenya

0:16.4

Drought has killed nearly all the animals that she and her husband have spent a lifetime looking after and the climate crisis

0:22.0

It doesn't just impact nature. It's decimated her income her savings and it's changing a wider community's way of life

0:28.5

But practical action believes that where there's action there's hope practical action have introduced solar-powered

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Irrigation under training people such as Pauline to grow vegetables with support

0:39.1

She now grows a number of different crops and sells them for enough profit to keep her children fed and in school with your help

0:46.1

practical action can do even more

0:48.1

regenerating depleted land into productive farms

0:50.5

repurposing waste into energy and helping to overcome injustice for women and vulnerable groups

0:55.4

Please take action today and turn your hope for a better future into reality

0:59.5

Your donation can help build a world where the lives and livelihoods of the world's poorest people are no longer at the mercy of climate change or

1:07.2

Environmental degradation while there's still time visit practical action dot org to get involved

1:12.7

You're listening to business weekly on intelligence squared this week

1:16.3

We hear from Michael Lewis one of the world's most successful nonfiction authors whose books have lifted the lid on some of the biggest business stories of our times

1:24.2

He spoke to business and economics journalist Stephanie Flanders about the birth of behavioral economics on the intelligence squared stage back in 2017

1:32.3

Here's Stephanie with more

1:34.3

Well, good evening. We were saying earlier at the last time I was here doing an event like this with with Thomas Piketty

1:41.0

And I suspected that slightly more people had got to the end of Michael Lewis's books than Thomas Piketty's

1:48.8

Michael has written a lot of books sold

1:51.8

More than nine million copies

...

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