Ep. 236: Robin Hanson Interview with Michael Covel on Trend Following Radio

My guest today is Robin Hanson, an associate professor of economics at George Mason University and a research associate at the Future of Humanity Institute of Oxford University. The topic is outside the box economic perspectives. In this episode of Trend Following Radio we discuss: Prediction markets Vernon Smith and coming up with the “why” for booms and busts Dealing with a complex world based on our limited abilities Steering towards humanity’s future Hanson’s physics background, and how he came to where prediction markets became a passion How prediction markets can make us pay more attention to the truth Hayek and Mises, and some of their thinking early on What taboos and idealogical beliefs might stop one from making optimal decisions If people have employed particular trading strategies to the prediction markets Stop losses as information and as risk preference Setting up a market to bet on geopolitical events in the Middle East, and the controversy based around that Why DC politicians often cannot handle the research Hanson does Why Hanson has elected to have his head cryonically preserved after medical death based on a cost-benefit analysis Jump in! --- I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!