Radio Smart Talk for Wednesday, February 2: Every decision we make, no matter how insignificant or life-altering, comes with a price. From whether you’re deciding what groceries to purchase, to whether to start a family, cost can play a critical role in your thinking. But according to author Eduardo Porter, we may not fully appreciate just how crucial a role prices play...

In The Price of Everything, Porter explores how prices can explain everything from why we spend more for coffee at Starbucks than we do at the local diner…to why we’ll spend hundreds of dollars to cart away trash that’s worth a fortune someplace else…to why some government agencies value a year in the life of a senior citizen more than a year in the life of younger person.

We’ll talk with Eduardo Porter about why we pay what we do.

Guest: Eduardo Porter, member, The New York Times editorial board; author, The Price of Everything: Solving the Mystery of Why We Pay What We Do

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