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Masters in Business

Cass Sunstein on Behavioral Finance and Wealth

Masters in Business

Bloomberg

Business, Entrepreneurship, Investing

4.42.2K Ratings

🗓️ 18 August 2023

⏱️ 92 minutes

🧾️ Download transcript

Summary

Bloomberg Radio host Barry Ritholtz speaks with legal scholar Cass Sunstein, who founded and leads Harvard Law School’s program on behavioral economics and public policy. He authored several books, including the bestselling “Nudge: Improving Decisions About Health, Wealth and Happiness” (written with Richard H. Thaler); his most recent is “How to Interpret the Constitution.”

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

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0:06.7

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0:11.7

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0:18.3

This is Paul Swinney here to tell you about another podcast you should be listening to,

0:21.8

The Tape. Join us every weekday as we bring you detailed analysis of the day's

0:25.6

Wall Street action from Blueberg Intelligence and Blueberg Opinion, a conversations with

0:29.8

influential newsmakers. There's absolutely nothing wrong with having some cash on the

0:33.4

sideline you're leaning pretty hard toward equity. Because of all the dislocations,

0:38.0

there's always relative value trades that you could be doing. Subscribe to The Tape Today on Apple,

0:43.1

Spotify, Bloomberg.com or wherever you get your podcasts.

0:46.7

This is Masters in Business with Barry Redholz on Blueberg Radio.

0:56.8

This week on the podcast, what can I say? Cass Sunstein is an intellectual force in American

1:06.0

jurisprudence, law, behavioral finance, public policy. I don't even know where else to go.

1:14.0

What a fascinating career and really an incredibly interesting person.

1:21.6

I guess life is easy when your co-authors are all noble laureates or George Lucas.

1:30.1

He's just done so many amazing things in a career that spans everywhere from the Supreme Court

1:37.9

to the Chicago School of Business and the Chicago School of Law, Harvard Law School,

1:46.0

and just multiple public policy positions, public service positions for the White House,

1:54.2

for the Attorney General's Office, for the Pentagon. His influence is just so far reaching and

2:03.4

fascinating. You forget that he also teaches law at Harvard. I found this conversation to be

2:12.0

delightful in Transing and Fascinating, and I think you will also, with no further ado,

2:18.8

mice it down with Harvard Laws, Cass Sunstein. Cass Sunstein, welcome to Bloomberg.

...

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