From the host of EconTalk, a guide to decision-making when you can't crunch the numbers
Algorithms and apps analyze data and tell you how to beat the traffic, what books to buy, what music to listen to, and even who to date—often with great results. But what do you do when you face the big decisions of life—the "wild problems" of who to marry, whether to have children, where to move, how to forge a life well-lived—that can’t be solved by measurement or calculation?
In Wild Problems, beloved host of EconTalk Russ Roberts offers puzzled rationalists a way to address these wild problems. He suggests spending less time and energy on the path that promises the most happiness, and more time on figuring out who you actually want to be. He draws on the experience of great artists, writers, and scientists of the past who found creative ways to navigate life’s biggest questions. And he lays out strategies for reducing the fear and the loss of control that inevitably come when a wild problem requires a leap in the dark.
Ultimately, Roberts asks us to see ourselves and our lives less as a problem to be solved than a mystery to be experienced. There's no right decision waiting to be uncovered by an app or rational analysis. Reality is harder than that and, perhaps, a little more interesting.
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"I’ve learned more about economics and economic reasoning from Russ Roberts than from all other sources combined. I am delighted to find out in this book that Roberts is also a source about the limits of economic reasoning when it comes to existential decisions."
— NASSIM NICHOLAS TALEB, author of The Black Swan
This excellent book won’t make your decisions for you. Instead, it will do something more powerful: help you think about your most important decisions in a completely new light.
— EMILY OSTER, author of Expecting BetterWild Problems is a powerful guide to a more meaningful life.
— DAVID EPSTEIN, author of RangeAn interesting and useful book. The ‘wild problems’ it explains how to solve include the biggest ones you’ll face in your life.
— PAUL GRAHAM, founder of Y CombinatorA beautiful meditation on big life choices, gently reminding us of the limits of narrow cost-benefit reasoning and presenting an alternative approach to human flourishing.
— ANGELA DUCKWORTH, author of GritRoberts’s thought-provoking take on the limits of data and the overquantification of contemporary life provides a bold and original perspective on how humans can make better decisions. Daniel Kahneman’s fans will find much to ponder.
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Russ Roberts is professor of economics at George Mason University, the J. Fish and Lillian F. Smith Distinguished Scholar at George Mason’s Mercatus Center, and a research fellow at Stanford University’s Hoover Institution. He is the author of The Choice: A Fable of Free Trade and Protectionism and The Invisible Heart: An Economic Romance.
Mark Deakins is an AudioFile Earphones Award–winning narrator and actor whose television appearances include Head Case, Star Trek: Voyager, and Buffy the Vampire Slayer. His film credits include Intervention, Star Trek: Insurrection, and The Devil’s Advocate. He wrote, directed, and produced the short film The Smith Interviews.