Ed Elson On Why Gen Z Is So Miserable (And What No One Wants to Admit)

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Adam Carolla Show 1h 45m 4 speakers 8 chapters transcribed 5 months ago
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What insights does Ed Elson provide about Gen Z's struggles?

Adam Carolla 0:00
All right, in this episode, Ed Elson is back. You'll know who he is when he starts talking. Also, Rudy Povich is back, and he's got the news, and we'll do that right after this. This is Adam Carolla from The Adam Carolla Show. If you care about soccer, you care about moments. And the road to the 2026 World Cup starts here this week as test matches get on their way as we host some of the biggest names in the sport. BetOnline is where real soccer betting lives. Global markets, sharp odds, and player props built for fans who follow more than just the headlines. BetOnline gives you live betting and in-game odds that shift with every goal, every card, every turning point. As teams fight for their place on the world stage, BetOnline keeps you locked into the action.
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How does Ed Elson describe the relationship young people have with money?

Unknown 1:47
From Corolla One Studios in Glendale, California, this is The Adam Corolla Show. Adam's guest today, the host of Prof G Markets podcast, Ed Elson. And the news with Rudy Povich. And now, Adam Corolla.
Adam Carolla 2:03
Yeah, get it on. to get on No Choice But Good on Mandate. Get it on. Welcome back, Ed Elson. That's been a year and probably a year and a half. Professor G, he does the pod with Scott Galloway, who's been on the show a few times and so he's a fan favorite. I guess, I don't know, expert, give me your field of expertise, Ed. I mean, go ahead and flatter yourself a little bit.
Ed Elson 2:33
Yeah, I'm a young buck. So I'm new to the investing game. I bring the perspective of I'm a young person learning about investing, trying to make it, trying to get rich. That's what we're trying to do on our show. We're trying to build economic security. So it's me and Scott Galloway. We talk about all things markets. We talk about all things finance.

What factors contribute to the sense of ownership young people feel?

Ed Elson 2:55
We try to make sense of the news as best we can. So I'm Scott Galloway's Padawan. I'm not so much of an expert, but But, you know, I talk about the markets. I give my opinion. And that's what we do on our show. So it's good to be here.
Adam Carolla 3:11
Yeah. It's interesting, you know, money and relationship with money. I think... Coming from a family that didn't have a relationship with money and was sort of turned off to it in a way that a fat person would be to a gym or pick up a hockey game or something. Like there was a kind of a... Shame involved. What it was is we don't make money. We don't really know how to make money. And instead of investigate that, we're just going to stay away from all things money because it's kind of shaming and it's a little bit depressing. Yeah. And again, it's just fat guy doesn't want to go to the gym. And by the way, doesn't want to hang out. and watch other people or learn how to do it.

How does technology affect Gen Z's social interactions?

Adam Carolla 4:03
Literally, I'm going across the street. I'm going to the pizza place. I'm going to get a slice. I'm going to sit down there. There was almost a taboo to it in the family. And then they build this scaffolding around money which is this thing where it's like, you know, money doesn't buy happiness. And it's like, well, it would buy some fucking air conditioning. Could we get that? You know, I would be happy with air conditioning. How about that? Or a car that ran, you know what I mean? Or being able to go somewhere for vacation, you know? So they, they build an entire apparatus where, Money doesn't buy happiness. And then they start taking anyone who has money and saying it's ill-gotten gain. It's daddy's money.
Adam Carolla 4:47
You know what I mean? Or they're probably raping the land or the indigenous people. And they build this entire world around why they're righteous for not having any money.

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