Social Science Bites - George Loewenstein on Hot and Cold Affect

The idea of walking a mile in someone else’s shoes is often trotted out as a metaphor for understanding empathy. The act of imagining someone else’s reactions may be hard, but based on the body of work by George Loewenstein, predicting how -- under varying circumstances -- we might walk in our own shoes may not be all that easier.

Loewenstein is the Herbert A. Simon University Professor of Economics and Psychology at Carnegie Mellon University in Pittsburgh, Pennsylvania. His enormous range of research interests can be boiled down, after a lot of boiling, to applying psychology to economics and, more recently, economics to psychology.

His career as a founder of both behavioral economics and neuro-economics has seen him delve deeply into how we react when our “affective state” is cold – when are emotions are absent and our physical needs are currently met – compared to when our affective state is hot. The latter is when out emotions are active or when our passions, as the old philosophers might term things like things hunger, thirst, pain, sexual desire, are pulling us.

It turns out, as he explains to interview David Edmonds in this Social Science Bites podcast, “when we are in one affective state it’s difficult for us to imagine how we would behave if we were in a different affective state. … The worst mistakes we make are when we are in a cold state, because we just can’t imagine how we would behave if we were in a hot state.”

While this may seem like something we know intuitively (or after years of high-profile experiments by Lowenstein, his frequent collaborator Leaf VanBoven, and others have conducted, several described in this podcast), it’s not something we act on intuitively. “No matter how many times we experience fluctuations in affective states,” Loewenstein says, “it just seems we don’t learn about this. We are always going to mis-predict how we’re going to behave when we’re in a hot state if we’re making the prediction when we’re in a cold state.”

This, in turn, affects the products of people who make predictions (or if you prefer, policy prescriptions) as a profession, he adds, such as economists.

“According to conventional economics, when we make decisions about the future we should be thing about what it is will we want in the future. What all of these results show is that your current state influences your prediction about what you’re going to want in the future; it influences these decisions that we make for the future in unproductive, self-destructive ways.”

Code Story: Insights from Startup Tech Leaders - S6 E3: Matt Pierce, Immediate

Matt Pierce has been a tech guy for his entire 17 year career. Coming out of grad school, he started out in healthcare tech for a decade or so. Eventually, he started down the path of being an entrepreneur. He is married with 3 daughters - 2 in third grade and one that is a 2 year old. He mentioned the entrepreneurial dilemma of picking 3 of the 5 life choices - family, business, sleep, exercise and friendships - and notes that his three are family, business, and sleep.

After spending nights and weekends burning the midnight oil on a healthcare tech solution, Matt sat down with a prospective client and did the best pitch ever. The client's feedback was that it didn't solve her real problem which was turnover, which boiled down to money. After chatting with the client and a mentor, Matt uncovered the best potential solution to financial stress - on demand pay.

This is the creation story of Immediate.

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The Best One Yet - 🥤🍸 “Dry January became Moist January” — The Big Beverage Blur. Rogan vs Neil Part II. FTX’s $32B crypto winter.

The biggest Dry January ever just ended, but we noticed something strange: A bunch of new alcohol. Joe Rogan and Neil Young’s Spotify duel has ended and we have a winner. And while it’s Crypto Winter for cryptocurrencies (Bitcoin Ben has lost ½ his value since November), it’s Crypto Spring for crypto-companies (one just hit a $32B valuation). $PEP $KO $SPOT Got a SnackFact? Tweet it @RobinhoodSnacks @JackKramer @NickOfNewYork Want a shoutout on the pod? Fill out this form: https://forms.gle/KhUAo31xmkSdeynD9 Got a SnackFact for the pod? We got a form for that too: https://docs.google.com/forms/d/e/1FAIpQLSe64VKtvMNDPGSncHDRF07W34cPMDO3N8Y4DpmNP_kweC58tw/viewform Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Everything Everywhere Daily - The Spice Trade

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When you think of international trade and globalization, you probably think it is a relatively modern phenomenon.


However, the roots of globalization actually go back thousands of years. 


While there were many products that were originally traded, there was one particular category of goods that drove trade like no other: spices. 


Spices are common and ubiquitous today, but centuries ago they were extremely prized and valuable.


Learn more about the spice trade and how it shaped the world we live in today, on this episode of Everything Everywhere Daily.


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NBN Book of the Day - Isaac Butler, “The Method: How the Twentieth Century Learned to Act” (Bloomsbury, 2022)

“When I set out to write this book, I decided to approach it like a biography. After all, the Method had parents, obscure beginnings, fumbling toward its purpose, a spectacular rise, struggles as it reached the top, and an eventual decline.” This is how Isaac Butler articulates his project in The Method: How the Twentieth Century Learned to Act (Bloomsbury, February 2022). The Method tracks the origins of this transcontinental school of naturalistic acting and its many contradictions, including its emphasis on individualist achievement within communitarian organizations and the actorly tension between psychological interiority and external action when building a character. In following the life of this concept, Butler reveals the impossibly charming, ambitious, questionable cast of characters that have defined the terms of Western acting in the twentieth century. In the process, he clears up many of the public misunderstandings around Method as an approach and as a style.

In this discussion, Butler details his first career in the theater as a professional actor, explores how Constantin Stanislavski’s “system” of acting was the farthest thing from systematic, explains the difference between method and Method, and divulges the many rivalries and hostilities between American M/method practitioners and instructors at mid-century.

Isaac Butler is the coauthor (with Dan Kois) of The World Only Spins Forward: The Ascent of Angels in America, which NPR named one of the best books of 2018. Butler’s writing has appeared in New York magazine, Slate, the GuardianAmerican Theatre, and other publications. For Slate, he created and hosted Lend Me Your Ears, a podcast about Shakespeare and politics, and currently co-hosts Working, a podcast about the creative process. His work as a director has been seen on stages throughout the United States. He is the co-creator, with Darcy James Argue and Peter Nigrini, of Real Enemies, a multimedia exploration of conspiracy theories in the American psyche, which was named one of the best live events of 2015 by the New York Times and has been adapted into a feature-length film. Butler holds an MFA in creative nonfiction from the University of Minnesota and teaches theater history and performance at the New School and elsewhere. He lives in Brooklyn.

Annie Berke is the Film Editor at the Los Angeles Review of Books and author of Their Own Best Creations: Women Writers in Postwar Television (University of California Press, 2022). Her writing has been published in the Washington Post, Public Books, Literary Hub, The Forward, and Camera Obscura.

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What A Day - Get Your Bans Off My Books with George M. Johnson

As we celebrate the beginning of Black History Month, conservatives are actively and aggressively silencing educators’ ability to talk honestly about history. Book bans are gaining steam with schools banning everything from "The 1619 Project," to Toni Morrison’s "Beloved," to Art Spiegelman’s "Maus." Journalist and activist George M. Johnson joins us to discuss the issue from an author’s perspective after their book, "All Boys Aren’t Blue," was targeted for removal in at least 14 states.


And in headlines: A Georgia judge rejected plea agreements in the federal hate crime trial of Gregory and Travis McMichael, the FDA granted full approval of Moderna’s coronavirus vaccine, and The New York Times announced it had acquired Wordle.


Show Notes:

NYT: "Book Ban Efforts Spread Across the U.S." - https://nyti.ms/3uah9wK

Order "All Boys Aren't Blue" by George M. Johnson - https://bit.ly/34qKfNC


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For a transcript of this episode, please visit crooked.com/whataday

The NewsWorthy - New Vaccine Option?, Wordle Sold & Lunar New Year – Tuesday, February 1st, 2022

The news to know for Tuesday, February 1st, 2022!

We'll tell you about a public face-off between the U.S. and Russia.

Also, developments in Covid-19 vaccines including a new option that could be coming to the U.S. 

Plus. where Americans are bracing for another winter storm, a new owner for the popular game Wordle, and today begins the Year of the Tiger. How people around the world are celebrating the Lunar New Year.

Those stories and more in around 10 minutes!

Head to www.theNewsWorthy.com/shownotes for sources and to read more about any of the stories mentioned today.

This episode is brought to you by StitchFix.com/newsworthy and Rothys.com/newsworthy 

Thanks to The NewsWorthy INSIDERS for your support! Become one here: www.theNewsWorthy.com/insider 

 

 

 

 

The Goods from the Woods - Episode #316 – “Gimme a ‘Hell Yeah!'” with Chris Crofton

In this episode, Rivers and Carter travel to the far east of Los Angeles County to chat with the Advice King himself, comedian Chris Crofton! What follows is one of the funniest episodes in the show's history. This one has a list of unusual deaths, a brawl-for-all at a Pennsylvania Golden Corral, and a Canadian militia member seeking his dream woman on Craigslist. We also start off Episode #316 with a phone call from the one and only "Stone Cold Steve Austin" (co-host emeritus Dr. Pat Reilly) talking about his new podcaster lifestyle in a VERY trendy Los Angeles neighborhood.  "The Gambler" by Kenny Rogers is our JAM OF THE WEEK! Listen now and change your life. Follow Chris on all forms of social media @TheCroftonShow.  Follow the show on Twitter @TheGoodsPod.  Rivers is @RiversLangley  Sam is @SlamHarter  Carter is @Carter_Glascock Subscribe on Patreon for HOURS of bonus content! http://patreon.com/TheGoodsPod Pick up a Goods from the Woods t-shirt at: http://prowrestlingtees.com/TheGoodsPod

Pod Save America - “Pardon the Insurrection.”

Donald Trump threatens to pardon the insurrectionists while potentially inciting new ones, guest host Ben Rhodes talks about his new Atlantic piece that focuses on how to fight Trumpism, Pennsylvania Attorney General Josh Shapiro talks about his democracy-focused campaign for Governor in what will be one of the most important races of 2022, and a wave of book bans sweeps through red states.


Organization’s to Support

Baby to Baby, an LA non profit that provides children living in poverty with diapers, clothing, and basic living necessities.

Star Legacy Foundation, a non profit organization dedicated to reducing pregnancy loss and neonatal death.

Baby Quest Grants, a non profit providing fertility grants to those who can’t afford costly procedures like IVF and egg freezing.


For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast.