SUMMARY
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Carol Graham is interim Vice President and Director of the Economic Studies program at Brookings, College Park Professor at the University of Maryland, and a Senior Scientist at Gallup. Her books include: The Power of Hope: How Wellbeing Science Can Save us from Despair , The Pursuit of Happiness: An Economy of Well-Being , and Happiness Around the World: The Paradox of Happy Peasants and Miserable Millionaires , among others.

Today, she joins the show to expound on her passion for helping to improve the lives of others, the power of mentorship and the connection between hope and life satisfaction.

TAKEAWAYS
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00:54 – Jonathan introduces today’s guest, Carol Graham, who joins the show to discuss her background as an immigrant from Peru, why America is no longer the land of opportunity, and her passion for helping to improve lives and end poverty
15:41 – Measuring hope and life satisfaction
22:20 – Why hope matters
31:36 – The power of mentorship
36:27 – How do we manage for hope
42:47 – The impact of technology and social media on despair
51:04 – One thing Carol would change about the system
54:20 – One thing Carol would like others to know about her and the one question she would want to know the answer to
56:24 – Jonathan thanks Carol for joining the show and lets listeners know where to connect with her

QUOTES
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“More recently, I would say what has been eroding our democracy in part is that erosion of our shared cohesiveness as a society and the shared belief that people used to have that they could get ahead, that this was the land of opportunity. And it’s really not.” (06:14) (Carol)

ABOUT MINDFUL MONEY
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Do you struggle with money? You’re not alone.
Money is a means, not an end. It’s a necessity of life for sure, but more money does not always guarantee a “good life”. Money enables many aspects of modern life, but as a dominant consideration it becomes destructive.
The paradox is that more time and energy spent on personal finance does NOT create better outcomes. Unlike many other parts of life, we can’t create better outcomes by being smarter, spending more time, or putting in more effort.
Join Mindful Money author and experienced 40-year investor Jonathan DeYoe as he shares stories from artists, authors, entrepreneurs, and other advisors about how they mindfully minimize their need to think about money and get more out of life.
If you aren’t happy with your finances, feel like money takes more time that it should, or want to place your financial decisions into the broader context of your life, this show is for you.
Each episode will draw the line between the “enough” activities that the academics tell us are additive to family outcomes, and those “little bit more” efforts that take time and sap energy, but do NOT improve outcomes.

GUEST RESOURCES
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Carol’s LinkedIn: https://www.linkedin.com/in/carol-graham-45a2a82a/
Carol’s Profile on Brookings: https://www.brookings.edu/experts/carol-graham/
Carol’s Email: cgraham@brookings.edu
Carol’s Books:
Improving the Odds: Political Strategies for Institutional Reform in Latin America: https://play.google.com/store/books/details/Carol_Graham_Improving_the_Odds?id=r9B5DwAAQBAJ&hl=en&gl=US
Safety Nets, Politics, and the Poor: Transitions to Market Economies: https://www.amazon.com/Safety-Nets-Politics-Poor-Transitions/dp/0815732287
Private Markets for Public Goods: Raising the Stakes in Economic Reform: https://www.amazon.com/Private-Markets-Public-Goods-Economic/dp/0815732295
Happiness and Hardship: Opportunity and Insecurity in New Market Economies: https://www.amazon.com/Happiness-Hardship-Opportunity-Insecurity-Economies/dp/0815702418
Happiness Around the World: The Paradox of Happy Peasants and Miserable
Millionaires: https://www.amazon.com/Happiness-Around-World-Miserable-Millionaires/dp/0199606285
The Pursuit of Happiness: An Economy of Well-Being: https://www.amazon.com/Pursuit-Happiness-Economy-Well-Being-Brookings/dp/0815724047#
Happiness for All?: Unequal Hopes and Lives in Pursuit of the American Dream: https://www.amazon.com/Happiness-All-Unequal-Pursuit-American/dp/0691204551
Other Books Mentioned:
Our Kids: https://www.amazon.com/Our-Kids-American-Dream-Crisis/dp/1476769907

MINDFUL MONEY RESOURCES
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Monthly Coaching Membership: https://courses.mindful.money/mindful-money-membership
Jonathan’s Book – https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369
Website - https://mindful.money/
Jonathan DeYoe on LinkedIn - http://linkedin.com/in/jonathandeyoe
Mindful Money on Twitter - https://twitter.com/MindfulMoney_Ed
Mindful Money on Facebook - http://facebook.com/MindfulMoneyPlan
Mindful Money on Instagram - http://instagram.com/mindfulmoneyplan
Mindful Money on YouTube - https://www.youtube.com/c/MindfulMoney🎙️
Podcast Production by FullCast: https://fullcast.co/sn