Between Rational and Irrational

The video features a discussion with Dr. Richard Robb about his book 'Willful', exploring the complexity of human behavior beyond traditional economic models. It delves into the Good Samaritan story, rational choice theory, behavioral economics, and the role of beliefs in decision-making. The conversation also covers institutional constraints in investment and the concept of willful acts as expressions of human agency.

What insights does the author provide about the relationship between intuition and intellect?

How does the author illustrate the challenges of conveying knowledge in investment decisions?

What does the author mean by saying that life is more complicated than traditional economic models suggest?

In what ways does the author suggest that curiosity is important in understanding economics?