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Something You Should Know ·Oct 1, 2026 ·48 min

How to Take Smarter Risks in Life & The Lies You Tell Yourself

Evaluation and Summary

6.5/10

This episode of Something You Should Know tackles three distinct topics. The first segment explores risk-taking through economist Allison Schrager, author of "Worth the Risk: The Seven Myths That Keep Us from Taking the Chances We Need to Take." Schrager challenges the narrative that the world has become riskier and that playing it safe is always smart. She examines why younger generations appear more risk-averse than previous ones, discusses the hidden costs of excessive caution, and provides frameworks for distinguishing between foolish gambles and calculated risks worth taking. The second major segment features social psychologist Owen Fitzpatrick discussing "inner propaganda"—the self-limiting beliefs and false narratives we internalize about ourselves. Fitzpatrick, who has studied propaganda globally including in North Korea, explains how our minds repeat stories until we accept them as immutable facts, and offers strategies for recognizing and challenging these mental distortions. His TEDx talk on mind control has garnered over 1.4 million views. The episode also includes lighter content about why car mirrors distort reality (and why that's actually beneficial) and a fascinating segment on why cats cannot taste sweetness but can taste things humans cannot—a quirk explained by their evolutionary diet. The episode is bookended by these shorter science-based curiosities that provide palate cleansers between the heavier psychological and economic discussions. The show notes indicate substantial sponsor integration with six major ad reads (Monarch, AquaTru, Trees.com, Vinted, Wayfair, and Quince), plus additional promotional content for Indeed and Planet Visionaries.

Why this score: Solid guest expertise and relevant topics on risk and self-deception, but the episode's three-topic structure feels scattered, and heavy ad load dilutes the content value.

Worth it if you're interested in behavioral economics, personal psychology, or challenging your own limiting beliefs about risk-taking.

Content flags

  • Ad-heavy Six major sponsor reads plus additional promotional content (Indeed, Planet Visionaries) in a 48-minute episode represents significant ad density.

Based on the episode description. AI-generated; it can be wrong.

Show notes

You’ve probably seen the warning on your passenger-side car mirror: “Objects in mirror are closer than they appear.” Which raises an obvious question: Why put a mirror on your car that deliberately distorts reality? Turns out there is a very good reason—and that distortion may actually help keep you safe. https://science.howstuffworks.com/innovation/science-questions/why-objects-in-mirror-closer-than-they-appear.htm We hear all the time that the world has become a riskier place and that the smart thing to do is play it safe. But is that really true? And what do you give up when avoiding risk becomes your default? Economist Allison Schrager explains why younger people appear more risk-averse than previous generations, why safety has a price, and how to tell the difference between a foolish gamble and a risk actually worth taking. Allison is a senior fellow at the Manhattan Institute and a columnist at Bloomberg Opinion. She is author of Worth the Risk: The Seven Myths That Keep Us from Taking the Chances We Need to Take (https://link.amazon/B0cRfL4UU). Right now, there are things you believe about yourself that feel like undeniable facts. Maybe you believe you’re bad at something, that certain people don’t like you, or that you simply aren’t the kind of person who can do certain things. But what if some of those “facts” aren’t facts at all? They may be what social psychologist Owen Fitzpatrick calls inner propaganda—stories your mind has repeated so often that you’ve come to accept them as truth. Owen explains why this inner propaganda can be so convincing and, most importantly, how to recognize it and challenge it. He has studied propaganda around the world, including in North Korea, and his TEDx talk on mind control has been viewed more than 1.4 million times. His latest book is Inner Propaganda: Leading Hearts and Minds Through Turbulent Times (https://link.amazon/B0aZRzMzg). Cats are missing the ability to taste something humans often find irresistible. Oddly enough, cats can also taste something that we can't. Neither is an accident. The explanation goes back to what cats evolved to eat—and offers a fascinating little glimpse into just how differently your cat experiences its dinner. https://www.scientificamerican.com/article/why-cats-taste-no-sweets/ PLEASE SUPPORT OUR SPONSORS MONARCH: Write your own money story with Monarch! Use promo code SYSK at ⁠⁠⁠⁠⁠ https://Monarch.com ⁠⁠⁠⁠⁠ to get your 1st year of Monarch Core half off at just $50 AQUATRU: Head to ⁠ https:AquaTru.com ⁠ and get 20% off your purifier using promo code SYSK , with a 30 day best-tasting water guarantee or your money back! TREES.COM: Right now, ⁠⁠⁠⁠⁠ https://Trees.com ⁠⁠⁠⁠⁠ have great deals on planting essentials, up to half off on select plants. And listeners to our show get 20% OFF their purchase when using the promo code SYSK at checkout. VINTED: Ready to clean out your closet and make some extra money?Download the Vinted app for free and start listing! With no seller fees, you keep every dollar you earn and for a limited time, enjoy free shipping in the US on Vinted . WAYFAIR: Ready to upgrade your home for way less? Head to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://Wayfair.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ right now to shop all things home and get your space ready for less. QUINCE: Find your next Fall favorites at Quince! Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://Quince.com/sysk ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for free shipping on your order and 365-day returns. Now available in Canada, too! PLANET VISIONARIES: In partnership with The Rolex Perpetual Planet Initiative, this is Planet Visionaries . Listen or watch wherever you get your podcasts! INDEED: Get a $75 Sponsored Job credit to help get your job the premium status it deserves at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://Indeed.com/PODCAST ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

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