An Economist Walks Into a Brothel: What Prostitutes and Big-Wave Surfers Can Teach Us About Risk

The following video is brought to you courtesy of the ReasonTV YouTube Channel. Click the video below to watch it now.

Allison Schrager wants to change the way you take chances.

————————
Subscribe to our YouTube channel: http://youtube.com/reasontv
Like us on Facebook: https://www.facebook.com/Reason.Magaz…
Follow us on Twitter: https://twitter.com/reason
Subscribe to our podcast at iTunes: https://goo.gl/az3a7a

Reason is the planet’s leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won’t get from legacy media and old left-right opinion magazines.
————————

If you think that all economists spend most of their time sitting at a desk plotting supply and demand curves, you haven’t met Allison Schrager, author of the new book An Economist Walks Into a Brothel.

As her title promises, she visited the Moonlite Bunny Ranch in Nevada to learn how sex workers and their clients manage the risks that come even with legal prostitution. A Ph.D. economist who writes for Quartz, Schrager traveled the country to see how people in high-risk, high-reward fields such as horse breeding, candid celebrity photography, professional poker, and big-wave surfing assess and manage risk. The result is a compelling blend of first-person reporting and high-level economic analysis that gives individuals a new way not to avoid risk, but to make more-informed choices.

“People should feel more comfortable taking risks,” Schrager tells Nick Gillespie. “We don’t really give people the tools to feel comfortable with risk taking, but you really do need to take risks to make your life move forward and any aspect of your life, [whether] it’s a relationship or your job.” Their aren’t any guarantees in life, she explains, but there are definitely smarter and dumber ways to take risks.

Interview by Nick Gillespie. Edited by Alexis Garcia. Camera by Jim Epstein.

Photo credits: s_bukley/Newscom, Blainey Woodham/ZUMA Press/Newscom, Scott Serio/Cal Sport Media/Newscom, Steve Marcus/REUTERS/Newscom, Erich Schlegel/ZUMA Press/Newscom, Richard Hallman/ZUMA Press/Newscom, Tony Heff/ZUMA Press/Newscom.

ReasonTV

ReasonTV

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<