Greetings dear listeners.

At this point you should probably know that this is part two of a mega conversation I had

with Russ Roberts, the host of Econ Talk, and it was so much fun at least for the two of us that we

went really long and so we figured we would break it up because it solved a lot of problems for me in terms of

being able to record another episode from the road. So we're just going to pick it up from wherever we decided to

pick it up from because I don't know where that is.

You've done at least a couple shows on tipping.

Yeah.

And I think it's fascinating as an economic phenomenon, right? But I also think it's fascinating as one of the best

rebuttals to the notion of homo-economicus, right? Particularly the model of, you know, you're never going to be in this

airport again. You're never going to see this way just against you. You're not trying to buy good will or

anything like that. You still leave a tip, right? Most of us do. There are people probably down there.

They're cheap. We would cheat on the deal. But there are more than enough people who do to sort of push back against

the idea that we're purely economic creatures. So, but one of the things that I thought was sort of interesting was that in this sort of

relates to the pragmatism thing is at one point you were talking about how it was fairly late in life you realize that people

leave tips for the hotel maid. Yeah, right. And you ran through a bunch of the reasons I can't recount them all here,

why people do that or, you know, the issue's involved in it. And I can't remember which guest that you had. But neither of you brought up the reason

that drives me to be a good tipper. And I think that drives a lot of people to be a good tipper. Karma. And just this idea, particularly since I've been pretty fortune in the last 10 years or so, my, you know, my

economic income has gone up. I'm doing okay. I feel it's the Jewish it's the Jewish guilt in me. I feel like I have no good reason to be stingy when it comes to things like

tipping. And if I'm an if I'm an ass, the universe is going to punish me for it. And so you so you really do believe in how I'm

economic is because you're saying that that if you don't tip, you're going to get punished. So you're tipping because you view as an investment and good karma down the road. No, that's part of it. I guess I hadn't thought of those terms. I see it as more as part of this

theme that's in my book about gratitude, right? Is that like it would just it's really chinsy of me to be a bad person about short changing someone who's working so hard in such a low prestige job.

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