Episode 617: How Do You Feel?
by from NPR: Planet Money on (#7FDJ)
Episode 617: How Do You Feel? April 15, 2015 7:04 PM ET Listen 18 min 30 sec ancient history/Flickr
When you think about it, we're forced to predict the future every day. Should I take this job? Buy this new washing machine?
Businesses have to make these big money bets all the time. Will anyone want this product next week or next year? A lot of these decisions come down to people. And people make unpredictable decisions based on weird emotions.
Today on the show: how a bunch of rational economists try to deal with our feelings. And the story of a man who came up with five simple questions that he hoped would predict the future.
Music: CJ Lavoire's "The First of the Year" and Nico & Vinz's "Am I Wrong." Find us: Twitter/ Facebook/ Spotify/ Tumblr.
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