Rachel Louise Snyder is a prominent author and journalist, but there is no widely recognized book titled 'Trust: How the Great Recession Changed the American Dream' associated with her. Her notable works include 'No Visible Bruises' and 'Fugitive Denim', which focus on social justice and human rights issues.
In 'The Psychology of Money,' Morgan Housel delves into the psychological and emotional aspects of financial decisions. The book consists of 19 short stories that illustrate how personal history, worldview, emotions, and biases influence financial outcomes. Housel emphasizes the importance of behavior over knowledge in managing money, highlighting the power of compounding, the dangers of greed, and the pursuit of happiness beyond mere wealth accumulation. He advocates for a frugal lifestyle, long-term perspective, and a balanced approach to investing, stressing that financial success is more about mindset and discipline than about technical financial knowledge[2][3][4].
In 'Principles: Life and Work', Ray Dalio shares the principles he has developed over his career that have helped him achieve success. The book is divided into three sections: the first section explains how Dalio's principles were formed from his personal and professional experiences; the second section outlines life principles, such as embracing reality, being radically open-minded, and understanding the importance of pain and reflection in personal growth; and the third section focuses on work principles, including the use of radical truth and radical transparency to transform an organization. Dalio advocates for systematizing decision-making into algorithms, learning from failures, and building a culture where it is okay to make mistakes but unacceptable not to learn from them.
In this book, Thomas Piketty examines the historical dynamics of wealth and income inequality from the 18th century to the present. He argues that when the rate of return on capital exceeds the rate of economic growth, it leads to a concentration of wealth and significant social and economic instability. Piketty's analysis is based on extensive historical and comparative data from over twenty countries, challenging the notion that free market capitalism naturally reduces inequality. He proposes a global system of progressive wealth taxes to mitigate these inequalities and protect democratic values. The book is a groundbreaking work that reorients our understanding of economic history and the inherent contradictions of capitalism[1][4][5].
In 'Paved Paradise: How Parking Explains the World,' Henry Grabar provides a detailed and engaging account of the role parking plays in shaping American urban environments. The book covers the history and politics of parking, from post-war development to current reform movements, and explains how parking requirements have influenced housing costs, urban design, and the overall livability of cities. Grabar's analysis is supported by vivid storytelling and meticulous research, making the book both informative and entertaining.
In this book, Jared Diamond explains why Eurasian and North African civilizations have survived and conquered others. He argues that differences in societal development arise primarily from geographical causes. The book details how agricultural societies developed immunities to deadly diseases, advanced in technology, and formed centralized political structures, ultimately leading to the conquest of other societies. Diamond also discusses the impact of germs, domesticated animals, and environmental factors on human history[2][4][5].
In 'Cultish: The Language of Fanaticism,' Amanda Montell argues that the key to manufacturing intense ideology, community, and us/them attitudes in cults and cult-like groups lies in the use of language. The book delves into the verbal elements that make these communities 'cultish,' including the redefinition of words, euphemisms, and other linguistic tricks. Montell analyzes various groups such as Jonestown, Scientology, NXIVM, and even modern entities like SoulCycle and social media influencers, highlighting how these groups use language to create a sense of belonging and loyalty. The book is praised for its engaging narrative, original research, and incisive analysis of the power of language in shaping human behavior.
Kyla Scanlon has made it her personal mission to bring economics education to a larger audience through social media. She publishes daily content across TikTok, YouTube, Substack, LinkedIn and more, explaining what is happening in the economy and why it is happening. Tyler calls her first book In This Economy? How Money & Markets Really Work a “good and bracing shock to those who have trained their memories on some weighted average of the more distant past.”
Tyler and Kyla dive into the modern state of economics education and a whole range of topics like if fantasy world building can help you understand economics, what she learned trading options at 16, why she opted for a state school over the Ivy League, lessons from selling 38 cars over summer break, introversion as an ingredient for social media success, if she believes in any conspiracy theories, Instagram scrolling vs TikTok scrolling, the decline of print culture, why people are seeking out cults, modern nihilism, how perspective can help with optimism, the death of celebrity and the rise of influencers, why econ education has gone backward, improving mainstream media, YIMBYism and real estate, nuclear pragmatism versus utopian geothermalists, investing advice for young people, why she thinks about the Great Depression more than Rome, creating the next Free to Choose, and more.
Read a full transcript enhanced with helpful links, or watch the full video.
Recorded July 8th, 2024.
Other ways to connect
Photo Credit: Rachel Woolf
Conversations with Tyler 
