Your Brain on Money - Its Role in Biology, History, Life & Society with Kabir Sehgal

In this episode we discuss how you can create success by mashing two seeming unrelated ideas together, why energy is the currency of the biological world (and how that impacts the evolution of money within our society), we go deep into understanding money and its role in our lives, and we look at why you should investigate your own biases about money with Kabir Sehgal.    Kabir is a former a vice president in emerging markets at JP Morgan. He is the new york times and wall street journal bestselling author of the book Coined and has served as a speechwriter for the John Kerry presidential campaign, having been featured in Fortune, The Harvard Business Review, and other publications. Kabir is a CNBC contributor as well as a grammy winning producer, composer, and Jazz musician.     We discuss:   Creating an opera about the financial crisisHow you can create success by mashing two seeming unrelated ideas together The idea of lateral combination vs incremental growth and how it amplifies possibilityWhat is Money?Unit of Value Instrument of Exchange Counting mechanism Why Kabir defines money as a symbol of valueThe neurological triggers associated with moneyHow a trip to the Galapagos islands transformed the way Kabir thought about moneyThe “biology of exchange” and how money expresses something deeply biological and rooted in evolutionWhy energy is the currency of the biological world (and how that impacts the evolution of money within our society)Looking at financial decisions through brain scans and MRIsHow talking about money can change the electrical conductivity of your skinFascinating research data about how money impactsHow making money creates a brain state almost identical to cocaine addictsWhat does research show gets men more excited - dead bodies, naked women, or money?How your genetic composition impacts your psychology of moneyHow twin studies demonstrate people’s genetic preference for certain financial behaviors and risk profilesThe history of bartering and how social debt was actually the first currencyThink of money as a measurement of debt What’s the difference between currency and money?What does Genghis Khan have to do with the history of money?What are Native American potlatches and what do they tell us about tipping behavior?What is Soft Money, what is Hard Money, and what are the differences?Does the weather impact your financial decisions?Do Jesus and the Hindu scriptures offer the same financial advice?Understanding money and its role in our livesWhy you should start with investigating your own biases about money Learn more about your ad choices. Visit megaphone.fm/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.