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The Behavioural Economics Of How We Spend Our Time | Koen Smets | Modern Wisdom 127

Koen Smets is a behavioural economist and professor. We've been told "time is money" for all our lives, but how does time RELATE to money? We can't save time the same way we can save money, so what are the implications for how we should conduct our lives? Today Koen digs deep into the relationship between time, money, life satisfaction and much more. Extra Stuff: Check out Koen's Medium - https://medium.com/@koenfucius Follow Koen on Twitter - https://twitter.com/koenfucius Take a break from alcohol and upgrade your life - https://6monthssober.com/podcast Check out everything I recommend from books to products - https://www.amazon.co.uk/shop/modernwisdom - Listen to all episodes online. Search "Modern Wisdom" on any Podcast App or click here: iTunes: https://apple.co/2MNqIgw Spotify: https://spoti.fi/2LSimPn Stitcher: https://www.stitcher.com/podcast/modern-wisdom - Get in touch in the comments below or head to... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx Email: modernwisdompodcast@gmail.com

Koen SmetsguestChris Williamsonhost
Dec 16, 20191h 4mWatch on YouTube ↗

CHAPTERS

  1. 0:00 – 1:00

    Introduction

  2. 1:00 – 2:38

    Welcome to the show

  3. 2:38 – 5:43

    The world is our oyster

  4. 5:43 – 6:58

    Time is money

  5. 6:58 – 8:06

    The finiteness of life

  6. 8:06 – 11:45

    How we look at time

  7. 11:45 – 14:16

    Opportunity cost

  8. 14:16 – 15:56

    Money for time

  9. 15:56 – 18:15

    Awareness and deliberation

  10. 24:38 – 30:53

    Parkinsons Law

  11. 30:53 – 33:30

    Relative judgments

  12. 33:30 – 38:13

    Giving money

  13. 38:13 – 39:03

    Selling our time

  14. 39:03 – 40:23

    The inefficiencies in wasting time

  15. 40:23 – 42:28

    Selfemployed vs salaried

  16. 42:28 – 47:56

    Externalities

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