The Prof G Pod with Scott Galloway

The Algebra of Wealth

Feb 18, 2021

Noreena Hertz, an economist and bestselling author, dives into the staggering economic impact of loneliness. She discusses how isolation not only affects mental health but also disrupts societal structures and business dynamics. The conversation explores the shift to contactless interactions and its repercussions on community connections. Hertz emphasizes actionable strategies to combat loneliness, particularly in a digital age while also addressing the alarming comparison of loneliness to smoking. The duo also touches on CEO compensation and its implications for employee retention.

01:09:45

Episode guests

Noreena Hertz

AI Chapters

Episode notes

Intro

4min

Keys to Economic Security

7min

Lessons from Financial Setbacks and Loneliness

5min

Confronting Loneliness: A Societal Epidemic

17min

Navigating Loneliness in a Digital Age

14min

Addressing Loneliness and CEO Compensation

6min

CEO Pay vs. Employee Retention

10min

Evaluating the True Value of an MBA

4min

Noreena Hertz, an economist, a bestselling author, and an Honorary Professor at the University College London, joins Scott to discuss the learnings from her latest book, “The Loney Century: How to Restore Human Connection in a World That's Pulling Apart.” We find out how loneliness impacts more than just our mental health and the second-order effects of our “contactless” world. Follow Noreena on Twitter, @noreenahertz. (16:10)

Scott opens by explaining the algebra of wealth — or in other words, how to get rich.

This Week’s Office Hours (52:40): CEO compensation (53:04), Roblox and deferred revenue (61:05), and deciding whether to get an MBA (65:17).

Additional Music: https://www.davidcuttermusic.com / @dcuttermusic

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