Standard Deviations with Dr. Daniel Crosby

Humankind's Greatest GIft Is Also Its Greatest Liability


Listen Later

If bees organize by innate mandate and chimps through tight-knit social interactions, the miracle of human ascendance in the animal kingdom owes to a penchant for behaving in accordance with social narratives. To put it bluntly, we act as if the stories we make up are real.

As Harari writes in the magisterial Sapiens, “As far as we know, only Sapiens can talk about entire kinds of entities that they have never seen, touched or smelled.” A monkey can say, “There is a caribou by the river” but could never communicate that, “The caribou by the river is the spiritual guardian of our city.”

This ability to communicate about the unreal allows us to create all manner of social structures that help bring about predictable human behavior and that reliably breed trust. The State of Alabama, the Catholic church, the Constitution of the United States of America, the inalienable civil rights of man: none of these things are “real” in the strictest sense, but our shared belief in them and behaving as though they are real brings about orderly civilizations steeped in mutual trust. This ability to form and buy in to collective fictions is why, “…Sapiens rule the world, whereas ants eat our leftovers and chimps are locked up in zoos.”

If our dominance as a species is a function of our shared trust in fictions, there is one fiction in particular that reigns supreme: money. Harari pulls no punches, “Money is accordingly a system of mutual trust, and not just any system of mutual trust: money is the most universal and most efficient system of mutual trust ever devised.”

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

Standard Deviations with Dr. Daniel CrosbyBy Dr. Daniel Crosby

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

161 ratings


More shows like Standard Deviations with Dr. Daniel Crosby

View all
Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,552 Listeners

Money For the Rest of Us by J. David Stein

Money For the Rest of Us

1,355 Listeners

Investing Insights by Morningstar

Investing Insights

523 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

536 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

2,023 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

453 Listeners

The Perfect RIA by Matthew Jarvis, CFP® & Micah Shilanski, CFP®

The Perfect RIA

463 Listeners

The Long View by Morningstar

The Long View

918 Listeners

Kitces and Carl - Real Talk for Real Financial Advisors by Michael Kitces, MSFS, MTAX, CFP and Carl Richards, CFP

Kitces and Carl - Real Talk for Real Financial Advisors

241 Listeners

Barron's Advisor by Barron's Advisor

Barron's Advisor

114 Listeners

Ask The Compound by The Compound

Ask The Compound

324 Listeners

The Long Term Investor by Peter Lazaroff

The Long Term Investor

147 Listeners

The Efficient Advisor: Tactical Business Advice for Financial Planners by Libby Greiwe

The Efficient Advisor: Tactical Business Advice for Financial Planners

134 Listeners

The Morgan Housel Podcast by Morgan Housel

The Morgan Housel Podcast

991 Listeners

The Great Retirement Debate with Ed Slott & Jeffrey Levine by The Great Retirement Debate with Ed Slott & Jeffrey Levine

The Great Retirement Debate with Ed Slott & Jeffrey Levine

149 Listeners