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Richard Holden: Money in the 21st Century | Self-Improvement Atlas #63

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Manage episode 445253296 series 3401808
Content provided by LMSL. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by LMSL or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In an age where financial literacy is paramount, knowledge of how money works in the 21st century can make all the difference in financial planning. So, this week on Self-Improvement Atlas: The Personal Science Insights Podcast, host Marie Stella is joined by economics professor Richard Holden to get a grasp on our rapidly changing economic landscape.

A professor of economics at UNSW Business School with a strong passion for education, Richard Holden also serves as the director of the Economics of Education Knowledge Hub and co-director of the New Economic Policy Initiative, spearheading a movement towards smaller classrooms, allowing for more attention given to each student.

In this episode, Richard Holden first breaks down the history of money from the BCE to present-day, asserting that three major events in 2008 led to the most drastic change in the financial world: financial crash resulting in low interest rates, the iPhone Gen 3 was released along with the ability to pay via mobile phones, and bitcoin white paper.

He then elaborates on the financial opportunities available in the 21st century that individuals can take advantage of, as well as challenges to be aware of. That aside, Richard Holden offers advice on cultivating healthy attitudes and behaviors towards money, emphasizing on the importance of understanding our personal biases. Together, Marie and Richard Holden discuss the economic theory, sunk-cost fallacy, and how it intersects with our day-to-day financial decisions.

From historical chronicles of money to financial opportunities that are bound to arise, as well as economic theories that intersect with personal finance, this episode leaves no stone unturned, so tune in for a wealth of financial knowledge!

Visit Richard Holden’s work: https://www.unsw.edu.au/staff/richard-holden

Produced by the Personal Science Labs, a division of LMSL, the Life Management Science Labs.

Explore https://lifemanagementsciencelabs.com/ to learn more about LMSL and visit https://personal.lifemanagementsciencelabs.com/ for more information about Personal Science labs.

Follow us on Social Media to stay updated:
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Facebook: https://www.facebook.com/personal.science.labs/
Instagram: https://www.instagram.com/personal.science.labs/
Twitter: https://twitter.com/PeScienceLabs|
TikTok: http://tiktok.com/@personal.science.labs
LinkedIn: https://www.linkedin.com/showcase/personal-science-labs/
You can also subscribe and listen to the show on your preferred podcasting platforms:
Apple Podcasts: https://podcasts.apple.com/us/podcast/self-improvement-atlas-the-personal-science-insights/id1648239031
Spotify: https://open.spotify.com/show/3ABAXFGqBb74eVs6TDLQC6
Amazon: https://music.amazon.com/podcasts/c382490e-f526-418e-8a51-d07c7534a621/self-improvement-atlas-the-personal-science-insights-podcast
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Podbean: https://personalscienceinsights.podbean.com/
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Podchaser: https://www.podchaser.com/podcasts/self-improvement-atlas-the-per-4911252/episodes/recent

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78 episodes

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Manage episode 445253296 series 3401808
Content provided by LMSL. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by LMSL or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In an age where financial literacy is paramount, knowledge of how money works in the 21st century can make all the difference in financial planning. So, this week on Self-Improvement Atlas: The Personal Science Insights Podcast, host Marie Stella is joined by economics professor Richard Holden to get a grasp on our rapidly changing economic landscape.

A professor of economics at UNSW Business School with a strong passion for education, Richard Holden also serves as the director of the Economics of Education Knowledge Hub and co-director of the New Economic Policy Initiative, spearheading a movement towards smaller classrooms, allowing for more attention given to each student.

In this episode, Richard Holden first breaks down the history of money from the BCE to present-day, asserting that three major events in 2008 led to the most drastic change in the financial world: financial crash resulting in low interest rates, the iPhone Gen 3 was released along with the ability to pay via mobile phones, and bitcoin white paper.

He then elaborates on the financial opportunities available in the 21st century that individuals can take advantage of, as well as challenges to be aware of. That aside, Richard Holden offers advice on cultivating healthy attitudes and behaviors towards money, emphasizing on the importance of understanding our personal biases. Together, Marie and Richard Holden discuss the economic theory, sunk-cost fallacy, and how it intersects with our day-to-day financial decisions.

From historical chronicles of money to financial opportunities that are bound to arise, as well as economic theories that intersect with personal finance, this episode leaves no stone unturned, so tune in for a wealth of financial knowledge!

Visit Richard Holden’s work: https://www.unsw.edu.au/staff/richard-holden

Produced by the Personal Science Labs, a division of LMSL, the Life Management Science Labs.

Explore https://lifemanagementsciencelabs.com/ to learn more about LMSL and visit https://personal.lifemanagementsciencelabs.com/ for more information about Personal Science labs.

Follow us on Social Media to stay updated:
YouTube: https://www.youtube.com/channel/UCkkzFBwo4woLyZTf2H7iBPg
Facebook: https://www.facebook.com/personal.science.labs/
Instagram: https://www.instagram.com/personal.science.labs/
Twitter: https://twitter.com/PeScienceLabs|
TikTok: http://tiktok.com/@personal.science.labs
LinkedIn: https://www.linkedin.com/showcase/personal-science-labs/
You can also subscribe and listen to the show on your preferred podcasting platforms:
Apple Podcasts: https://podcasts.apple.com/us/podcast/self-improvement-atlas-the-personal-science-insights/id1648239031
Spotify: https://open.spotify.com/show/3ABAXFGqBb74eVs6TDLQC6
Amazon: https://music.amazon.com/podcasts/c382490e-f526-418e-8a51-d07c7534a621/self-improvement-atlas-the-personal-science-insights-podcast
iHeart Radio: https://www.iheart.com/podcast/338-self-improvement-atlas-the-102784432/
Podbean: https://personalscienceinsights.podbean.com/
PlayerFM: https://player.fm/series/3401808
Podchaser: https://www.podchaser.com/podcasts/self-improvement-atlas-the-per-4911252/episodes/recent

  continue reading

78 episodes

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