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The Psychology of Money & Why Attractive People Get Better Treatment

The Psychology of Money & Why Attractive People Get Better Treatment

FromSomething You Should Know


The Psychology of Money & Why Attractive People Get Better Treatment

FromSomething You Should Know

ratings:
Length:
50 minutes
Released:
Sep 17, 2020
Format:
Podcast episode

Description

With all we know about how medicine works, we still don’t understand the placebo effect very well. Yet, by all accounts it is very powerful. This episode begins with some interesting research that seems to show that believing you are healthy really makes it so. Source: Howard Brody, M.D. author of “The Placebo Response” (https://amzn.to/2ZzmXzH)
Money is a tricky subject for just about everyone. Of course there is the “math of money” that shows how money works numerically but there is also how we feel about money. For example, most experts agree that paying off your mortgage is a bad idea, yet many people feel great when they do it. So, who is right? Joining me to discuss why your attitudes about money are just as important as the math is Morgan Housel. He is a partner at the Collaborative Fund and has been a columnist for the Wall Street Journal and the Motley Fool. Morgan is also author of the book The Psychology of Money (https://amzn.to/2Ftrrkb)
When was the last time you cleaned your car seats? Think about all the times people come in and out of your car and all the stuff they have with them. When you hear this, you will want to clean your seats very soon and clean them very well. https://www.dailymail.co.uk/femail/article-8712437/Disgusting-video-proves-washing-car-seats-dark-upholstery-often.html
Everyone has witnessed a time when an attractive person got preferential treatment. Good looking people get out of speeding tickets, they get better tables at restaurants, they make more money and they get promoted faster. And it turns out that just about all of us are likely to treat attractive people better. Why? To answer that and explain the ramifications of all of this is Daniel Hamermesh. He is an economist, and a Professor of Economics at Royal Holloway, University of London and author of the book Beauty Pays: Why Attractive People Are More Successful. (https://amzn.to/2FskwrE)
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Released:
Sep 17, 2020
Format:
Podcast episode

Titles in the series (100)

Sometimes all it takes is one little fact or one little piece of wisdom to change your life forever. That's the purpose and the hope of "Something You Should Know." In each episode, host Mike Carruthers interviews top experts in their field to bring you fascinating information and advice to help you save time and money, advance in your career, become wealthy, improve your relationships and help you simply get more out of life. In addition, Mike uncovers and shares short, engaging pieces of "intel" you can use to make your life better - today. Right now.