In his new book, David Frum explores the problem of choosing whether to get married or have children. He says there are three reasons why that approach can't work - cost benefit analysis is not an effective tool for making such a decision. The percy diaconus quote about how one should choose between love and family also comes into play as he tries to explain what it's like to live with another person in marriage.
Waze and Google Maps tell us the best way to get to where we're going. But no app or algorithm can tell us whether we should head there in the first place. To economist Russ Roberts, the reason is simple: Humans are dynamic and aspirational beings. When it comes to making life's big decisions, from what to study to whom to marry or whether to have a child, it's not always us doing the deciding, he argues, but rather the people we want to be. Join the host of EconTalk, the president of Shalem College, and the author of the new book Wild Problems: A Guide to the Decisions that Define Us, as he speaks with friend and EconTalk favorite Michael Munger about why the traditional economic models for decision making can lead us astray--and why life should be less about solving problems than embracing possibilities.