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Artwork for All Else Equal: Making Better Decisions

All Else Equal: Making Better Decisions

The Lauder Institute
Private Equity
Corporate Governance
Common Knowledge
Higher Education
Investment Strategies
MBA Programs
Tariffs
Academic Freedom
Education
Stanford University
Free Speech
Value Creation
Harvard University
US National Debt
Stock Market
Private Debt
Economic Policy
Decision Making
Financial Markets
Universities

Join Stanford GSB finance professor Jonathan Berk and Jules van Binsbergen of The Wharton School in a conversation with prominent business leaders about common flaws in the decision making process and what to do about them. Learn more at AllElseEqualPodcast.com.All Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.

PublishesTwice monthlyEpisodes110Founded5 years ago
Number of ListenersCategories
InvestingBusinessManagement

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Artwork for All Else Equal: Making Better Decisions

Latest Episodes

Much of the literature on how climate change will impact GDP estimates that the economic will be very large. Moreover, the estimates vary widely, with some studies predicting catastrophic economic consequences of global warming. Are those estimates r... more

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With mounting pressure on the higher education system in the U.S., how can a university’s board of trustees make a difference in combating some of the issues these institutions face?

Hosts and finance professors Jonathan Berk and Jules van Binsber... more

YouTube

All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon.

Solicited or not, advice on where to invest your money seems to be aroun... more

All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon.

When the pandemic hit in 2020, working from home skyrocketed. Six years ... more

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Recent Guests

Ludo Filippo
Guest discussed private equity benchmarks and investment decision-making
Episode: Rerun: Ep66 When (and When Not) To Listen to Investment Advice
HR McMaster
National Security Advisor, former Lieutenant General in the U.S. Army, Hoover Institution faculty
Hoover Institution
Episode: Rerun: Ep68 “Is It Better to Overestimate or Underestimate Your Enemies?” with H.R. McMaster
Joshua Rauh
Oman Family Professor of Finance at the Stanford GSB and Senior Fellow at the Hoover Institution
Stanford Graduate School of Business
Episode: Ep78 “What’s Wrong With Taxing Billionaires More?” with Joshua Rauh
Jeff Hawkins
Neuroscientist; founder of Redwood Neuroscience; co-founder of Numenta
Redwood Neuroscience; Numenta
Episode: Rerun: Ep65 "Will Future AI Systems Operate Like The Human Brain? It’s Complicated” with Jeff Hawkins
Nick Bloom
William Irby Professor in the Department of Economics at Stanford University; pioneer in text-based uncertainty measures
Stanford University
Episode: Ep76 “How Should You Deal with Uncertainty in Today's World?” with Nick Bloom
Adi Sunderam
Willard Prescott Smith Professor of Corporate Finance at Harvard Business School
Harvard Business School
Episode: Ep73 “The Dangers of Group Think on Decision Making” with Adi Sunderam
Steven Pinker
Johnston Family Professor of Psychology at Harvard University
Harvard University
Episode: Ep69 "The Science Behind Why We Don’t Just Say What We Mean" with Psychologist Steven Pinker - Part 1
H.R. McMaster
Former National Security Advisor and Lieutenant General in the United States Army, currently on the faculty at the Hoover Institution
Hoover Institution
Episode: Ep68 “Is It Better to Overestimate or Underestimate Your Enemies?” with H.R. McMaster
Bryan Caplan
Professor of Economics at George Mason University
George Mason University
Episode: Ep64 "Why Higher Education Needs a Massive Overhaul: Are the Kids Even Learning Anything?" with Bryan Caplan

Hosts

Jules van Binsbergen
Co-host of All Else Equal; Director of the Lauder Institute; Finance Professor at The Wharton School
Jonathan Berk
Host of All Else Equal; Finance Professor

Reviews

4.7 out of 5 stars from 244 ratings
  • Highly recommended!

    Very high quality discussions am just grateful to have access to such content at no cost. Thank you for producing this.

    Apple Podcasts
    5
    Yssh.ch
    Indiaa year ago
  • Intellectual

    Excellent and intellectual discussions, one of the best

    Apple Podcasts
    5
    OneReaderMe
    United Statesa year ago
  • All Else Equal, But sometimes “more equal”

    So, Professor Van Binsbergen was one of my favorite professors while at Wharton, and I learned a LOT in his Investment Management class

    However, in the most recent episode a few glaring things occurred. Effectively fawning over Trump’s communications style while not discussing the potential downfalls of what this may mean for our relationships with our allies.

    A discussion on his negotiation style should have also looked at how he views negotiations, especially with respect to The Art of the ... more

    Apple Podcasts
    3
    QuestioningListener
    United States2 years ago
  • Insightful

    Incredible insight in every single episode. Particularly useful for business people. A lot of the topics are based on finance but relevant to daily life and just every day logical thinking

    Apple Podcasts
    5
    cadiguno
    Indonesia2 years ago
  • National Debt episode was superb!

    Great discussion of the various methods to characterize the level of debt and which measure is the most “correct”. Also great discussion for the options to increase GDP growth. It would be nice if you could summarize the key ideas from each episode is some central learnings document that you could tie to the show notes. Also- would a good subtitle for the show be (“All Else is Never Equal”)?

    Apple Podcasts
    5
    Efficientfrontierseeker
    United States2 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Strong, rigorous discussions with deep understanding of economics and decision making
Guests are consistently high-caliber and bring valuable expertise
Listeners appreciate practical takeaways and the data-driven approach to complex topics

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#120
Colombia/Business/Investing
Apple Podcasts
#131
Chile/Business/Investing
Apple Podcasts
#146
Ukraine/Business/Investing
Apple Podcasts
#160
China/Business/Investing
Apple Podcasts
#161
Brazil/Business/Investing
Apple Podcasts
#190
Indonesia/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Rerun: Ep69 “The Science Behind Why We Don’t Just Say What We Mean” with Psychologist Steven Pinker - Part 1
Q: Why do people avoid making statements that would become common knowledge, and what motivates some to come clean instead?
People fear implications for ongoing relationships or power dynamics, while some are motivated by honesty or self-consistency, leading to eventual disclosure and reconciliation when necessary for trust.
Rerun: Ep69 “The Science Behind Why We Don’t Just Say What We Mean” with Psychologist Steven Pinker - Part 1
Q: How does common knowledge influence everyday human behavior and social coordination?
It shapes how people act in relationships and groups; when information becomes common knowledge, people align actions, signaling mutual expectations and enabling coordinated outcomes.
Rerun: Ep69 “The Science Behind Why We Don’t Just Say What We Mean” with Psychologist Steven Pinker - Part 1
Q: What is Common Knowledge and why is it important to understand it beyond a simple awareness of facts?
Common Knowledge is not just shared information but a recursive awareness—everyone knows that everyone knows, and so on—which enables coordination and stable social agreements, not merely the existence of information.
Rerun: Ep46 "May Contain Lies" with Alex Edmans
Q: How should universities balance openness with guarding against ideological capture of research?
Universities should foster environments where evidence and clear reasoning can be pursued without fear of backlash, and where diverse viewpoints are openly debated, with emphasis on evaluating research on its merits rather than its alignment with prevailing ideologies.
Rerun: Ep46 "May Contain Lies" with Alex Edmans
Q: What are some concrete strategies to avoid falling for misinformation in groups?
Promote intellectual diversity, encourage dissent, use evidence-based discussions rather than defaulting to the majority, and rely on a combination of empirical evidence, theoretical models, and pragmatic, common-sense solutions when research is inconclusive.

Audience Metrics

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Frequently Asked Questions About All Else Equal: Making Better Decisions

What is All Else Equal: Making Better Decisions about and what kind of topics does it cover?

Highly structured discussions led by two economics and finance experts, focusing on decision making, data interpretation, uncertainty, and how cognitive biases shape individual and organizational choices. Guests range from professors to policymakers and business leaders, with recurring deep dives into Bayesian thinking, market dynamics, and the limits of conventional metrics. Noteworthy is the rigorous, evidence-driven approach that often links theory to practical implications for finance, strategy, and public policy, making it useful for listeners who want to improve strategic thinking and decision quality.

The show tends to attract listeners who are academically minded, professionally involved in finance or business strategy, and curious... more

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Which podcasts are similar to All Else Equal: Making Better Decisions?

These podcasts share a similar audience with All Else Equal: Making Better Decisions:

1. Masters in Business
2. The Story of Money
3. Money Stuff: The Podcast
4. Exchanges
5. The Memo by Howard Marks

How many episodes of All Else Equal: Making Better Decisions are there?

All Else Equal: Making Better Decisions launched 5 years ago and published 110 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on All Else Equal: Making Better Decisions?

Recent guests on All Else Equal: Making Better Decisions include:

1. Ludo Filippo
2. HR McMaster
3. Joshua Rauh
4. Jeff Hawkins
5. Nick Bloom
6. Adi Sunderam
7. Steven Pinker
8. H.R. McMaster

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