The Stock Market is Heartless, be a bayesian about risk taking, about those $2,000 checks (with Allison Schrager)

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Shares soar to file highs as an armed rebellion invades Capitol Hill and tens of millions of Individuals stay inclined to the worst pandemic in a century. How? How is that this doable?

Josh’s visitor is Allison Schrager, an economist, senior fellow on the Manhattan Institute, contributing editor at Metropolis Journal, co-founder of LifeCycle Finance Companions, LLC and the creator of the e-book An Economist Walks Into a Brothel. Allison writes about danger, reward, retirement methods, pensions, the financial system and political insurance policies that have an effect on all of our lives.

You’ll be able to subscribe to her letter, Identified Unknowns, right here:

You’ll be able to take heed to the entire thing beneath, or discover it wherever you like to listen to your favorite pods!

Pay attention right here:

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Everywhere else! 

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