The Limited Creative Control of Screenwriters

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This chapter delves into the lack of creative control that screenwriters have in the film industry, drawing parallels to the challenges faced by founders when handing over their company. It also mentions Tim Cook's criticism on not being considered creative.

Russ Roberts is the host of the podcast EconTalk (iTunes, RSS, and YouTube), a research fellow at Stanford’s Hoover Institution, and the author of several books, including How Adam Smith Can Change Your Life.

You can find Russ on Twitter @econtalker.

The YC podcast is hosted by Craig Cannon.

Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.

Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/

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Topics

00:00 - Intro

00:29 - What are his thoughts on “meaning, spirituality, or sense of belonging” in regards to creating your own company?

3:34 - Capitalism bearing the burden of human nature

4:04 - Why Russ started EconTalk

7:44 - Key economic concepts for founders after 700 EconTalk episodes

13:49 - Helpful methods for teaching economic concepts

18:09 - "Man naturally desires, not only to be loved, but to be lovely" - Adam Smith in The Theory of Moral Sentiments

19:39 - Why Russ wrote How Adam Smith Can Change Your Life

24:14 - How EconTalk has changed since the beginning

26:14 - Steve Adema asks - Russ Roberts has emphasized the limits of "only looking where the light is" when it comes to studying well-being. How
can economists incorporate the aspects of well-being that aren't easily quantified?

34:34 - Warren Buffett's gift to his son

36:09 - Founders and unintended consequences

39:44 - The emotional aspect of giving your company away

44:19 - Anthony Y. asks - Has a guest on his show ever made him change his mind on a topic?

50:54 - Has Nassim Taleb convinced him to deadlift?

52:59 - Russ often quotes David Foster Wallace's speech, “This is Water”. Specifically, he quotes the phrase, “everyone worships.” What does Russ worship?