The Intuitive Advantage

Decision-Making Like Ben Franklin: Updating "Moral Algebra" for the 21st Century


Listen Later

This episode explores Benjamin Franklin's approach to decision-making, referred to as "Moral or Prudential Algebra," as described in a letter he wrote to Joseph Priestly in 1772. The episode examines Franklin's method of listing pros and cons and weighing their relative importance in making sound judgments.


We'll discuss:

● The historical context of Franklin's method and its relevance to modern decision-making.

● Practical examples of how Franklin's "Moral Algebra" can be applied to personal and professional dilemmas.

● Modern adaptations and improvements to Franklin's system, addressing its limitations.

● How data analysis and decision theory have evolved since Franklin's time.


Join us as we explore the enduring wisdom of Benjamin Franklin's approach to decision-making and learn how to apply these principles to navigate the complexities of the 21st century.

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

The Intuitive AdvantageBy LiveAll.In