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Money For the Rest of Us

Do We Even Need Leaders?

Money For the Rest of Us

J. David Stein

Investing, Investing Podcast, Business, Economics, Economy

4.5 • 1.4K Ratings

🗓️ 16 March 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

How societies have functioned without leaders, including leaderless megacities that survived over 800 years.

Topics covered include:

  • Is geopolitics more like chess or poker
  • Why analysts think Putin will soon agree to a settlement with Ukraine
  • Do most development occur from the top-down or bottom-up
  • What are some examples of leaderless societies and organizations
  • How social capital and enforcement mechanisms allow the world to function without leaders telling everyone what to do
  • How companies are struggling with the workplace of the future and the role of leadership
  • Why do we need more leadership and fewer bosses


Thanks to Mint Mobile and Policygenius for sponsoring the episode.

For more information on this episode click here.

Show Notes

The Next 100 Years: A Forecast for the 21st Century by George Friedman

Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts by Annie Duke

Possible Outcomes of the Russo-Ukrainian War and China’s Choice—U.S.-China Perception Monitor

Why Is Leadership Important? by Eric Beato—Babson Thought & Action

Do We Need Leaders? by Jimmy Guterman_Harvard Business Review Home

3 Reasons Why We Need Leaders—Jonathan Sandling

If We’re All Talented People, Why Do We Still Need a Leader? by Angelina Phebus—Lifehack

Trust, Associational Life and Economic Performance by Stephen Knack

Is hybrid work the worst of both worlds?—The Economist

The Dawn of Everything: A New History of Humanity by David Graeber, David Wengrow

Related Episodes

203: Is Investing More Like Poker or Chess?

280: Travel and the Trust Economy

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Money for the Rest of Us.

0:03.2

This is the Personal Finance Show on Money.

0:05.8

How it works, how to invest it, and how to live without worrying about it.

0:09.8

I'm your host, David Stein, today's episode 379.

0:13.6

It's titled, Do We Even Need Leaders?

0:18.0

Last week, LaPrile and I were driving from Phoenix to Tucson.

0:22.1

We wanted to listen to a podcast, so I checked out my friend, Joshua Sheet's podcast, to

0:27.8

see if there was an episode I found interesting.

0:31.2

We decided to listen to a bonus episode, it's the strategic background on the conflict with

0:36.4

Russia, Ukraine, and the West.

0:39.5

In the episode, Joshua quotes extensively from the book, The Next 100 Years, a forecast

0:46.5

for the 21st century by George Friedman.

0:49.8

As soon as I heard the title of the book, I wanted to turn the episode off.

0:53.4

I haven't read the book, I'm unfamiliar with the author, but I'm extremely skeptical

0:58.7

of long-term forecasts.

1:00.8

But then Joshua mentioned that Friedman predicted that there would be a Russian initiated war

1:07.2

in 2020.

1:08.2

Well, it's 2022, that's pretty good.

1:12.9

Maybe we should listen.

1:14.4

Friedman is a geopolitical forecaster and strategist in international affairs.

1:20.0

He was born in Hungary and he is the founder and chairman of Geopolitical Futures, an online

1:26.7

publication that analyzes and forecasts the course of global events.

...

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