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May 17, 2025 43 mins

In this episode, have you ever felt that there is too much injustice in the world and you just can’t respond to it all? Have you ever found yourself making a compromise with your ethics just to make it through the day? I think we all have. My guest today has written a book looking at these tradeoffs. Hopefully it will help us all to be able to make moral choices and address the guilt we feel at not being able to help everyone.

David Thesmar is the Franco Modigliani Professor of Financial Economics and professor of finance at the MIT Sloan School of Management. In 2007, he was named “France’s Best Young Economist” by Le Monde. With Augustin Landier, he writes a regular column for the French daily newspaper Les Echos. He just co-authored a book, ‘The Price of our Values: the economic limits of a moral life’.

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