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Life is full of choices, from the mundane (like what to wear today) to the critical (how should we deal with the pandemic?). So how can we make the best decisions? That’s what listener David wants to know.
To investigate, Caroline Steel learns how being smarter doesn’t necessarily make you a good decision maker. She speaks to researchers about the importance of ‘gut feelings’ – and how certain people with no intuition whatsoever can struggle to make choices. She also learns why it’s easier to give advice to other people than to follow it yourself, and how we can work together to make the best decisions in a group.
Presenter: Caroline Steel Producer: Anand Jagatia
Contributors: Wändy Bruin de Bruin - Professor of Public Policy, Psychology and Behavioural Science, University of Southern California, USA David Robson, science journalist and author Valerie van Mulukom, Assistant Professor, Coventry University, UK Liz Steel Igor Grossmann, Associate Professor of psychology, University of Waterloo, Canada Anita Williams Woolley associate professor of organisational behaviour and theory, Carnegie Mellon University, USA
The opposition leader in Benin, Reckya Madougou, has appeared at the country's Economic Crime and Terrorism Court on charges of financing terrorism.The Ghanaian government has said that from midnight on Sunday all visitors to the country need to be fully vaccinated against coronavirus before being allowed to enter.
What the CPI print means for Fed policy, the economy as a whole and bitcoin.
This episode is sponsored by NYDIG.
November inflation came in at 6.8%, the highest in 39 years. In this episode, NLW looks at:
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NYDIG, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: Jeffrey Coolidge/Stone/Getty Images, modified by CoinDesk.
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The US inflation rate rises to a 39-year high. Pet supply retailer Chewy tumbles on earnings. Costco rises on big 1st-quarter results. CVS hits an all-time high after its investor day presentation. Motley Fool analysts Emily Flippen and Ron Gross discuss those stories and weigh in on the latest from Lululemon Athletica, Rent the Runway, Stitch Fix, RH Holdings, Intel, Beyond Meat, Jack in the Box, and Shake Shack, Plus, our analysts share two stocks on their radar: Tyler Technologies and Accenture. And CFP Dan Messeca talks 401Ks and last-minute financial planning tips for investors.
For more from Dan Messeca and his co-host Ross Anderson, check out their podcast “Check Your Balances”.
https://podcasts.apple.com/us/podcast/check-your-balances/id1551991071
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The Memory Palace is a proud member of Radiotopia from PRX.
A note on notes: We’d much rather you just went into each episode of The Memory Palace cold. And just let the story take you where it well. So, we don’t suggest looking into the show notes first.
Music
How to be Invisible, by Thruppence.
Motion by Peter Sandberg.
Art Blakey’s magical, Come out and See Me Tonight
And, of course, So What, from Kind of Blue
Notes
By Lisa Olstein
Who can put a price on art? Every year, anonymous buyers and sellers across the planet move works of fine art for millions of dollars, with no questions asked. It's a playground of the well-off -- and, it turns out, one of the best places in the world to launder dirty money. In today's episode, Ben and Matt dive into the conspiracy surrounding fine art and money laundering
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