PsycHacks
PsycHacks
Orion Taraban
Episode 22: Money is incentivized altruism
5 minutes Posted Aug 18, 2021 at 3:00 pm.
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Some young people today harbor extremely negative beliefs about money. However, while money has been (and continues to be) used inappropriately, it is actually used constructively in the vast majority of cases. In this episode, I'll discuss how money is effectively utilized to incentivize altruism. It's a subtle trick of the mind by which we collectively transcend self-interest by appealing to self-interest.