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With all we know about how medicine works, we still don’t understand the placebo effect very well. Yet, by all accounts it is very powerful. This episode begins with some interesting research that seems to show that believing you are healthy really makes it so. Source: Howard Brody, M.D. author of “The Placebo Response” (https://amzn.to/2ZzmXzH)

Money is a tricky subject for just about everyone. Of course there is the “math of money” that shows how money works numerically but there is also how we feel about money. For example, most experts agree that paying off your mortgage is a bad idea, yet many people feel great when they do it. So, who is right? Joining me to discuss why your attitudes about money are just as important as the math is Morgan Housel. He is a partner at the Collaborative Fund and has been a columnist for the Wall Street Journal and the Motley Fool. Morgan is also author of the book The Psychology of Money (https://amzn.to/2Ftrrkb)

When was the last time you cleaned your car seats? Think about all the times people come in and out of your car and all the stuff they have with them. When you hear this, you will want to clean your seats very soon and clean them very well. https://www.dailymail.co.uk/femail/article-8712437/Disgusting-video-proves-washing-car-seats-dark-upholstery-often.html

Everyone has witnessed a time when an attractive person got preferential treatment. Good looking people get out of speeding tickets, they get better tables at restaurants, they make more money and they get promoted faster. And it turns out that just about all of us are likely to treat attractive people better. Why? To answer that and explain the ramifications of all of this is Daniel Hamermesh. He is an economist, and a Professor of Economics at Royal Holloway, University of London and author of the book Beauty Pays: Why Attractive People Are More Successful. (https://amzn.to/2FskwrE)

Please support this podcast by doing business with our sponsors, subscribing and telling your friends. To subscribe on iTunes (so you never miss an episode) here is the link: http://itunes.apple.com/us/podcast/something-you-should-know/id1150124880

RESOURCES FOR THIS EPISODE:

Source for the story about the placebo effect: https://amzn.to/2ZzmXzH

Amazon link for Amazon link for Morgan Housel’s book, The Psychology of Money: https://amzn.to/2Ftrrkb

Source for the story about washing your car seats: https://www.dailymail.co.uk/femail/article-8712437/Disgusting-video-proves-washing-car-seats-dark-upholstery-often.html

Amazon link for Amazon link for Daniel Hamermesh’s book, Beauty Pays: https://amzn.to/2FskwrE

morgan-housel
Morgan Housel
the-psychology-of-money
Click to Buy on Amazon
daniel-hamermesh
Daniel Hamermesh
beauty-pays
Click to Buy on Amazon
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