Zachary Karabell

When was the last time you did something that was truly risky? When was the last time that you self-consciously and purposely said, "I'm gonna take a risk"? And given that we all perceive that we're living in a world that is in rapid flux and constant change, it's understandable that many of us don't particularly like the idea of taking a risk because it seems, well, too risky.

But is that really the most constructive way to live? Is our disinclination to take risks more risky than taking risks? I'm Zachary Karabell, the host of this podcast, What Could Go Right, which is an attempt to look at, yes, what could go right, but it's also an attempt to see and probe about what we should do to make the future a better place.

And this whole question about, are we taking the risks we ought to be taking, is pretty central to whether or not we're building the world that we ought to be building.

This whole concept is what we're gonna talk about today with one of my favorite economists and one of my favorite thinkers and public policy people, Allison Schrager, who is a fellow at the Manhattan Institute, who is a columnist for Bloomberg, speaks, consults widely with people in both the financial industry and corporate America.