Intelligence Squared

The Passion Economy with Adam Davidson and Hugo Lindgren

Jun 2, 2020
Adam Davidson, a renowned business and economics journalist and creator of NPR's Planet Money, discusses his book, The Passion Economy, shedding light on the evolving economic landscape. He argues that the 21st-century offers unique opportunities for individuals to merge their passions with their careers. Davidson explores personal stories through generations, challenges faced in navigating one’s passions, and insights into consumer behavior. The conversation reveals how societal shifts can turn crises into opportunities for growth, particularly in urban settings.
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ANECDOTE

Davidson's Grandfather

  • Adam Davidson's grandfather embodied the 20th-century worker, toiling in a ball-bearing factory.
  • Despite disliking his work, he achieved financial stability, owning four homes.
ANECDOTE

Davidson's Father

  • Davidson's father rejected the traditional path, choosing a passion for acting over factory work.
  • This led to financial struggles but a life dedicated to artistic pursuits in Greenwich Village's artist community.
ANECDOTE

Striker Sneakers

  • Eitan Stern, Scott Stern's father, failed in the sneaker business by misunderstanding consumer value.
  • He assumed a cheaper Nike alternative would sell, but teenagers valued brand and status over mere footwear.
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