Russ Roberts and Michael Munger on How Adam Smith Can Change Your Life

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4.7 • 4.4K Ratings

🗓️ 13 October 2014

⏱️ 64 minutes

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Summary

EconTalk host Russ Roberts is interviewed by long-time EconTalk guest Michael Munger about Russ's new book, How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness. Topics discussed include how economists view human motivation and consumer behavior, the role of conscience and self-interest in acts of kindness, and the costs and benefits of judging others. The conversation closes with a discussion of how Smith can help us understand villains in movies.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:06.4	I'm your host, Russ Roberts of Stanford University's Hoover Institution.
0:11.0	Our website is econtalk.org where you can subscribe, comment on this podcast, and find links
0:16.3	and other information related to today's conversation.
0:19.0	You'll also find our archives where you can listen to every episode we've ever done
0:23.1	going back to 2006.
0:25.4	Our email address is mailadycontalk.org.
0:27.9	We'd love to hear from you.
0:32.4	Today is October 7th, 2014, and this week's episode is going to be a little different.
0:37.6	I have a new book out how Adam Smith can change her life and unexpected guide to human nature
0:42.1	and happiness, and the ideas of that book are the subject of this week's conversation.
0:47.5	To do the interviewing, I'm going to allow, and maybe a huge mistake, I'm going to let
0:52.1	Mike Munger of Duke University, longtime econ talk, SB, the guest host for this episode,
0:57.5	and in theory, let me do more of the talking than usual.
1:01.6	How's that?
1:02.6	I think that's going to work out.
1:03.6	Oh, there's a new sheriff in town, baby.
1:07.5	So this week it's a mic at the mic, and we're all holding our breaths, especially on this
1:11.5	end, but seriously, Mike, thanks for doing this and welcome back to econtalk.
1:17.0	I'm looking forward to doing it.
1:19.0	Okay.
1:20.0	Your turn.
	...

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