Ep. 960: James Otteson Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6 • 732 Ratings

🗓️ 5 April 2021

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is James R. Otteson, the John T. Ryan Jr. Professor of Business Ethics in the Mendoza College of Business at the University of Notre Dame. He received his BA from Notre Dame and a PhD from the University of Chicago, and has taught at Wake Forest University, Yeshiva University, NYU, Georgetown, and the University of Alabama. His published work focuses on Adam Smith, eighteenth-century moral and political thought, liberalism, political economy, and business ethics.

The topic is his book Seven Deadly Economic Sins: Obstacles to Prosperity and Happiness Every Citizen Should Know.

In this episode of Trend Following Radio we discuss:

What is Morality?
Ethics and Metaethics
Correspondence Theory of Truth
Group Identity
Positive Sum and Zero Sum
Wealth and Prosperity
Covid 2020
Jealousy and Resentments
Seven Deadly Economic Sins
The Importance of Privacy
Blockchain Technology

Jump in!

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I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Transcript

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0:00.0	This is trend following radio where great thinking comes alive.
0:10.9	Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.
0:21.2	I am your host, Michael Coval.
0:24.0	Not filtered, raw, honest.
0:27.4	That's my passion.
0:33.2	My guest today is Professor James Addison, Notre Dame, and we are talking seven deadly economic sins.
0:44.5	James has that pragmatic, for lack of a better term.
0:50.2	Maybe he likes this term, libertarian background.
0:54.3	So for those of you that know, I went to George Mason University.
0:59.2	Many of the economists there all have appeared on this show.
1:03.3	I think James fits in nicely with that group.
1:06.8	He might argue that point.
1:08.3	I'm not sure.
1:09.6	That's just my perspective.
1:11.9	Now, I'm not going to go into it in this intro, but these seven deadly economic sins,
1:19.5	these are the things that if you could wrap your mind around it, wrap your feelings around it,
1:26.9	and implement, he's got the perspective. James has the
1:30.7	perspective for prosperity and happiness. And if you, Mr. Average Joe out there, would like a little
1:38.5	bit more of this prosperity and happiness in your life. I think James Audison has some strong insights.
1:47.7	Pay attention. These conversations are always fun. A little philosophical, but that's okay.
1:53.9	I love that kind of stuff. Where do you find that kind of stuff, right? I go digging. I find you
1:59.2	the guests that you don't know, these super smart people
	...

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