Economics and Life Hacks: Using Economic Thinking to Make Better Decisions (Part 1)
About this episode
The episode discusses how economic thinking can enhance decision-making by exploring common pitfalls.
How can thinking like an economist improve your decision-making? Join Enoch and Tim as they discuss several common pitfalls people fall into in making decisions. Whether it’s buying and selling stocks, choosing to start a business, or simply deciding to keep reading an arduous novel, we often make irrational decisions. Sunk costs, loss aversion, and the endowment effect are explored in this first of a multiple episode series on using economic thinking to improve your decisions. Credits : Drew Elliot (music) with additional thanks to the Wheaton Center for Faith, Politics & Economics . Recording Date : November 20, 2025
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- Economics and Life Hacks Part 2: How to Make Better Decisions about Time and Money
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- [Bonus Episode] America Goes to War: Making Sense of the Sudden Conflict with Iran (with Tim Buch)
- Missionary Economics: The Art of Going, Giving, and Getting It Right
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