Luca Delana: Habits are harder to adopt, but once you adopt them in one corner of your life, they are very easy to stress. The second question is that habits require the critical mess. E-Contour will be back on Monday at 10 a.m. ET with more from Luca's book Ergodycity.
Author and consultant Luca Dellanna talks with EconTalk host Russ Roberts about the importance of avoiding ruin when facing risk. Along the way Dellanna makes understandable the arcane concept of ergodicity and shows the importance of avoiding ruin in every day life.