Podcast Notes Key Takeaways

• According to a study by Daniel Karheman and Angus Deaton, evaluations of happiness, can be separated into two categories: the remembrant self and the experiential self
  • Remembrant self: immediate thoughts concerning the emotional quality of everyday life
    • This measure of happiness plateaus for people making $75k+
  • Experiential self: retrospective thoughts about one’s overall life experience
    • This measure of happiness increases with income since more money means = more opportunity to live the life you want
• A great analogy: Money is the ink in your pen—it allows you to write more but the story itself is up to you
• “The majority of people in the US are capitalists who believe in fair progressive tax policy, but don’t want to demonize wealthy people. They want to be them.” – Scott Galloway
• “If you look at returns the last 10 years, somewhere between 22 and 33 percent, of the S&P’s gains have been around six stocks: “The Four” and Microsoft and Netflix” – Scott Galloway
  • “To not invest in those companies because of moral issues, and I respect people that do that, is to say, ‘I’m not going to participate in the upside in our economy'”
• “I think Facebook is the most dangerous organization in the world” – Scott Galloway
• On Woke Culture: “We’re exceptionally tolerant and forgiving and understanding of people who don’t look like us, but we’re not especially tolerant of people who don’t think like us” – Scott Galloway

Read the full notes @ podcastnotes.org



Subscribe to the Making Sense with Sam Harris Podcast

In this episode of the podcast, Sam Harris speaks with Scott Galloway about the connection between wealth and happiness. They discuss the problem of wealth inequality, the transfer of wealth from the young to the old, class warfare in Democratic politics, deficit spending, means testing Social Security, Bloomberg’s campaign and “stop and frisk,” breaking up big tech, privacy absolutism, meditation, mortality, atheism, and other topics.

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