Ep. 543: Cass Sunstein Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6 • 730 Ratings

🗓️ 7 April 2017

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is Cass R. Sunstein, the Robert Walmsley University Professor at Harvard Law School. He is also founder and director of the Program on Behavioral Economics and Public Policy and is the most referenced law professor in the United States. From 2009 to 2012 he served under the Obama administration as Administrator of the White House Office of Information and Regulatory Affairs.

The topic is his book #Republic: Divided Democracy in the Age of Social Media.

In this episode of Trend Following Radio we discuss:

Echo chambers
Limiting people’s horizons
Hamilton’s nightmare
The daily me
Censorship
Bernie Sanders followers
Donald Trump followers

Jump in!

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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Transcript

Click on a timestamp to play from that location

0:00.0	This is Trend Following Radio, where great thinking comes alive.
0:10.9	Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.
0:21.2	I am your host, Michael Covel.
0:24.0	Not filtered, raw, honest.
0:27.4	That's my passion.
0:33.1	My guest today is very well known in the field of politics and law.
0:38.5	Cass Sunstein, he's an American legal scholar, specializing in the fields of constitutional
0:43.5	law, administrative law, environmental law, and also brings a fantastic perspective to
0:50.7	behavioral economics. He served in the Obama administration from 2009 to 2012. Now I know for some
0:58.1	in the audience, that's going to be a good thing. For some of the audience, that's going to be a bad thing.
1:03.5	Hey, America's a 50-50 place today. I get it. Partisanship causes half the audience to go, man, I don't want to listen.
1:13.2	And the other half to go, man, I want to listen.
1:17.0	This episode, however, is for everyone.
1:21.8	Today we discuss Cass' newest book, Hashtag Republic, Divided Democracy in the Age of Social Media.
1:30.4	This is not a partisan topic.
1:34.4	Trust me, very smart man who has done serious work to get us all to think about what's happening with social media.
1:45.6	Specifically, what is it doing to us?
1:49.1	A brief insight, and we all know this, we're going into our own little echo chambers,
1:56.2	our own little sounding boards, where the outside information, the outside point of view, the contrarian
2:02.4	point of view, it's not coming in because we already know what we think and the other guy's
2:09.1	view.
2:10.1	We don't want what he has.
	...

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