Wild Problems audiobook cover - A Guide to the Decisions That Define Us

Wild Problems

A Guide to the Decisions That Define Us

Russ Roberts

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Key Takeaways from Wild Problems

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Mind Map

Wild Problems
Defining the Problems+
The Limits of Rationality+
Eudaemonia (Flourishing)+
Principle-Based Decisions+
Optionality and Discovery+

Quiz — Test Your Understanding

Question 1 of 6
What distinguishes a 'wild problem' from a 'tame problem' according to Russ Roberts?
  • A. Wild problems can only be solved by consulting authority figures like parents or priests.
  • B. Wild problems lack a clear path to the end goal and cannot be solved by algorithms or simple logic.
  • C. Wild problems involve trivial, everyday choices like choosing a restaurant or a route to the airport.
  • D. Wild problems can be definitively solved if you gather enough data and construct a thorough pro-con list.
Question 2 of 6
Why does the author use the 'vampire problem' to illustrate the flaw of using pro-con lists for major life decisions?
  • A. It shows that some decisions slowly drain our energy and resources over time without us realizing it.
  • B. It demonstrates that making choices based on fear usually leads to negative, irreversible outcomes.
  • C. It highlights that you cannot truly understand a life-altering experience until you go through it, at which point you are fundamentally changed.
  • D. It proves that supernatural or highly unlikely scenarios require more complex decision-making tools than standard logic.
Question 3 of 6
How does the Greek concept of 'eudaemonia' apply to solving wild problems?
  • A. It suggests that the best decisions are those that maximize immediate pleasure and eliminate all pain.
  • B. It advocates for a life of flourishing, meaning, and integrity, which may sometimes involve choosing paths that include pain and struggle.
  • C. It implies that individuals should rely strictly on ancient philosophies rather than modern logic to solve technological problems.
  • D. It encourages making decisions based solely on what will benefit society as a whole, rather than the individual.
Question 4 of 6
What is the main takeaway from the stories of Charles Darwin and Franz Kafka?
  • A. Pro-con lists always lead to the same logical conclusion if the participants are highly intelligent.
  • B. Choosing a career over marriage is the only reliable path to achieving historical greatness.
  • C. Two people can face the same wild problem, make completely opposite choices, and still both flourish in life.
  • D. Neither man was able to achieve true happiness because they relied too heavily on rational calculations.
Question 5 of 6
According to the story of Teodora returning the lost diamond earring, what should be the primary driver when making difficult decisions?
  • A. A utilitarian calculation of which action yields the highest material reward.
  • B. An evaluation of what is most desirable versus what is most feasible.
  • C. A strict adherence to the rules and regulations set by your employer or society.
  • D. A commitment to preserving your sense of self and acting in accordance with your personal principles.
Question 6 of 6
What lesson about decision-making does Roberts draw from NFL coach Bill Belichick's draft strategy?
  • A. You should always hold out for the single best option, refusing to settle for less.
  • B. Embracing optionality and being willing to change course is more effective than trying to perfectly predict the future.
  • C. Deep statistical analysis is the only way to completely eliminate the uncertainty of wild problems.
  • D. Success requires rigidly sticking to your initial decisions, no matter the outcome.

Wild Problems — Full Chapter Overview

Wild Problems Summary & Overview

Wild Problems (2022) is an exploration of decision-making, particularly when it comes to the thornier issues of life that can have the deepest impact. Although the modern world offers algorithms and practical approaches to doing so, calculations are not always the best way to a life well lived.

Who Should Listen to Wild Problems?

  • Anyone interested in philosophy
  • People at the threshold of making major life decisions like marriage or a geographical move
  • Anyone struggling with becoming more decisive

About the Author: Russ Roberts

Russ Roberts is the host of weekly award-winning podcast EconTalk that he started in 2006. He is also president of Shalem College in Jerusalem and the author of How Adam Smith Can Change Your Life and Gambling with Other People’s Money.

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