We Treat Billionaires Like Oracles - Here's Why That's Wrong
Barry's Economics 14:30
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What if the process of becoming extremely wealthy actively destroys your ability to understand how life works for everyone else?
This isn't opinion. This is behavioural science.
I break down the neuroscience of power, the psychology of wealth, and why the people we treat as society's great explainers are structurally the least qualified to do it.
CHAPTERS
00:00 – The reverence problem & why we treat billionaires like oracles
01:30 – Inequality is Invisible To The Wealthy
02:00 – Kahnemann and Tversky - The Availability Heuristic
03:30 – Failure is No Longer in their data set
05:10 – Dacher Keltner and what power does to the brain
09:00 – Michael Kraus, Paul Piff and attribution bias & why rich people think effort always works
10:30 – Jeff Besos - success without consequence
I’m Barry Ferns – a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality.
This channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame.
How to Support Barry’s Economics
Help us stay independent and keep making videos like this.
https://www.buymeacoffee.com/barryseconomics
https://ko-fi.com/barryseconomics
https://www.patreon.com/barryseconomics
Subscribe for future videos: https://www.youtube.com/@barryeconomics
More about me: https://barryferns.co.uk/
You can also follow me on
Tiktok: tiktok.com/@barryseconomics
Instagram: instagram.com/barryseconomics
Listen on Spotify: https://open.spotify.com/show/0vgya63dtCFD5tjODr7BEK?si=Bb6ftvByR1-6vG0Q2BTmMg
Twitter: twitter.com/barryseconomics
Substack: https://substack.com/@barryseconomics
Reddit: https://www.reddit.com/user/barryferns/
If you’re new to this, check out @garyseconomics first – his channel gives the structural and financial perspective. This one adds the lived, social and emotional side.
Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00
Want to see the stand-up side of all this?
Find my live comedy and storytelling here:
https://www.youtube.com/@mrbarryferns
To learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/
#BarrysEconomics #GarysEconomics #Inequality #BehaviouralEconomics #SocialJustice #BarryFerns #ComedyWithDepth
This isn't opinion. This is behavioural science.
I break down the neuroscience of power, the psychology of wealth, and why the people we treat as society's great explainers are structurally the least qualified to do it.
CHAPTERS
00:00 – The reverence problem & why we treat billionaires like oracles
01:30 – Inequality is Invisible To The Wealthy
02:00 – Kahnemann and Tversky - The Availability Heuristic
03:30 – Failure is No Longer in their data set
05:10 – Dacher Keltner and what power does to the brain
09:00 – Michael Kraus, Paul Piff and attribution bias & why rich people think effort always works
10:30 – Jeff Besos - success without consequence
I’m Barry Ferns – a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality.
This channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame.
How to Support Barry’s Economics
Help us stay independent and keep making videos like this.
https://www.buymeacoffee.com/barryseconomics
https://ko-fi.com/barryseconomics
https://www.patreon.com/barryseconomics
Subscribe for future videos: https://www.youtube.com/@barryeconomics
More about me: https://barryferns.co.uk/
You can also follow me on
Tiktok: tiktok.com/@barryseconomics
Instagram: instagram.com/barryseconomics
Listen on Spotify: https://open.spotify.com/show/0vgya63dtCFD5tjODr7BEK?si=Bb6ftvByR1-6vG0Q2BTmMg
Twitter: twitter.com/barryseconomics
Substack: https://substack.com/@barryseconomics
Reddit: https://www.reddit.com/user/barryferns/
If you’re new to this, check out @garyseconomics first – his channel gives the structural and financial perspective. This one adds the lived, social and emotional side.
Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00
Want to see the stand-up side of all this?
Find my live comedy and storytelling here:
https://www.youtube.com/@mrbarryferns
To learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/
#BarrysEconomics #GarysEconomics #Inequality #BehaviouralEconomics #SocialJustice #BarryFerns #ComedyWithDepth
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