Passion Struck with John R. Miles - The Hidden System Keeping You Burned Out (It’s Not You) | Corinne Low - EP 749
Episode Date: April 2, 2026What if your exhaustion isn’t a personal failure, but the result of invisible systems shaping your life?In this episode of the Passion Struck podcast, I sit down with Wharton economist Cori...nne Low, author of Having It All, to unpack one of the most misunderstood challenges of modern life: why so many of us feel depleted even when we’re doing everything “right.”Corinne introduces a powerful idea called “the squeeze”—a period where demands on your time, energy, and identity all peak at once, while your resources lag behind. Careers demand more. Parenting expectations intensify. Household responsibilities don’t disappear—they become invisible.The result? A life that feels full… but not fulfilling.Passion Struck is the #1 alternative health and personal growth podcast dedicated to human flourishing and the science of mattering. It is ranked #1 on FeedSpot’s list of the Top Passion Podcasts on the Web and is consistently recognized among the world’s top business and mindset podcasts.Check the full show notes here:Explore guided prompts, reflections, and a companion reflection guide connected to this episode at: https://TheIgnitedLife.netThank You to Our SponsorsLimited Time Offer – Get Huel today with my exclusive offer of 15% OFF online with my code PASSION at huel.com/passion. New Customers Only. Thank you to Huel for partnering and supporting our show!Connect with JohnKeynotes, books, podcast, and resources: https://linktr.ee/John_R_MilesChildren’s Book — You Matter, Luma: https://youmatterluma.com/Pre-Order The Mattering Effect: https://matteringeffect.com/Get the book Having It All: https://www.corinnelow.com/bookIn This Episode, You Will Learn:How invisible “deals” shape your career, relationships, and identity—often without your awareness.Why do people stay in unsustainable arrangementsHow societal expectations distort your choices,What it means to design your life around your personal utility function—the things that will actually matter at the end of your life.Support the MovementEvery human deserves to feel seen, valued, and like they matter. Wear it. Live it. Show it. https://StartMattering.comDisclaimerThe Passion Struck podcast is for educational and entertainment purposes only. The views and opinions expressed by guests are their own and do not necessarily reflect those of Passion Struck or its affiliates. This podcast is not a substitute for professional medical or psychological advice.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Discussion (0)
Coming up next on Passion Struck.
For parents, we want to endlessly pour energy into our kids and we do let ourselves become depleted.
We skip the gym or we skip the things that we need to take care of ourselves.
I think the piece that we miss is that when we're not getting that energy in, the energy that's flowing out becomes degraded also.
So what we're putting into our kids actually isn't as high quality when we are not getting that energy flow.
in that we need. Welcome to Passionstruck. I'm your host, John Miles. This is the show where we explore
the art of human flourishing and what it truly means to live like it matters. Each week, I sit down
with change makers, creators, scientists, and everyday heroes to decode the human experience
and uncover the tools that help us lead with meaning, heal what hurts, and pursue the fullest
expression of who we're capable of becoming. Whether you're designing your future, developing as a
leader or seeking deeper alignment in your life, this show is your invitation to grow with purpose
and act with intention. Because the secret to a life of deep purpose, connection, and impact
is choosing to live like you matter. Hey friends, and welcome back to episode 749 of Passionstruck.
Earlier this week, we kicked off a brand new series for the month of April, purpose by design.
And in that opening conversation with Arthur Brooks, we explored something foundational.
that what many people are experiencing today isn't just a mental health crisis.
It's a meaning crisis.
Because we've built lives around achievement, productivity, and constant motion,
but often at the expense of something deeper.
Coherence, purpose, and a sense that our lives actually matter.
But that conversation raises an even bigger question.
If meaning is something we're missing, what is shaping the way we live in the first place?
because it's easy to think our lives are simply the result of our choices.
But what if those choices are being influenced and sometimes constrained by systems we rarely
stop to examine? And that's where today's conversation begins. Because if Arthur helped us understand
why meaning matters, today's guest helps us understand why it feels so hard to actually live it.
My guest is Dr. Corinne Lowe, economist, Wharton Professor, an author of Howell,
having it all. And in this episode, we explore attention that so many people feel but struggle to
explain. Why does it feel like we're doing everything right and still end up exhausted?
Corinne introduces a powerful framework for understanding modern life, that we're living in a
world where every domain is asking more of us, our careers, our families, our relationships,
even our own expectations. And the result is what she calls the squeeze, a period
where demands peak, resources feel limited, and we begin to feel stretched in ways that are both
invisible and unsustainable. In today's conversation, we explore why modern life creates chronic
exhaustion, how invisible deals shape our careers, relationships, and identities. We discuss the
difference between real constraints and the ones we impose on ourselves, and how to reconnect
with what actually gives your life meaning and energy. At its core, this episode is about a
powerful realization that a meaningful life isn't about having at all. It's about having enough
of what truly matters and learning how to design your life accordingly. Before we dive in,
a quick ask. If this episode resonates with you, share it with someone who might need it.
You can also watch the full conversation on YouTube and leaving a rating or review on Apple
Podcast or Spotify helps more people discover these conversations. Now, let's dive into my conversation
with Corinne Lowe. Thank you for choosing passion struck and choosing me to be your host and
guide on your journey to creating an intentional life that matters. Now, let that journey begin.
Hey Ontario, come on down to BedmGM Casino and check out our newest exclusive. The Price is Right
Fortune Pick. Don't miss out. Play exciting casino games based on the iconic game show. Only at
BetMGM. Access to the Price is right Fortune Pick is only available at BetMGM Casino. BetMGM and
GameSense remind you to play responsibly. 19 plus to wager, Ontario only. Please play responsibly.
If you have questions or concerns about your gambling or someone close to you, please contact Connix
Ontario at 1866-531-2,600 to speak to an advisor free of charge.
BenMGGM operates pursuant to an operating agreement with Eye Gaming, Ontario.
I am absolutely thrilled today to welcome Dr. Corinne Lowe to Passionstruck.
Hey, Corinne, how are you doing today?
I'm great. Thanks for having me, John.
I am so glad that we were able to move this interview up because we've been discussing it for a while
and we had a clear break, so I'm glad we could do this today.
It's so nice to finally get to meet you in person.
Yeah, it's so nice to get to meet you.
I want to start out with this whole idea that I think more and more of us today are feeling exhausted.
And we don't know where this exhaustion is coming from.
But I think so many of us feel like we're doing everything right, but we're still feeling this depletion.
What do you think is really driving this exhaustion?
I think when you look at the data, the world is asking more of us because,
we went from a model of division of labor where in the mid-century, men were focusing on market
production, women were focusing on home production, and nobody was spending very much time
with their children. You've had one domain to measure yourself forth against and to try to
put your time and energy into. We had this labor force revolution in women entering the
workforce, but we really didn't solve for what happens at home. How do all of those things that
we call adulting, get done. The fact that you've got to keep up with the mail, the car needs
repaired. You got to both take the dishes out of the dishwasher and put them back in again. And if you
want there to be food in the refrigerator, you have to go to the grocery store. And if you want
there to be dinner on the table, you have to cook it. And on top of that, the time we spend with
our children has doubled. Parents today spent twice as much kids time with their kids as
parents generation ago. And it's so much so that actually working moms and dads spend more time
with their kids today than stay-at-home moms did in 1975. And the labor force, our careers,
they're not letting up either because we have what Nobel Prize winning economist Claudia
Golden calls greedy jobs where they don't just want the 40 hours a week. They want the 80 hours a week,
right? They want your nights and your weekends because under capitalism, that's going to make them more
money. So every domain is asking more of us. And is it any wonder then that we're tremendously
depleted? I remember my time as a senior executive at Dell is where I probably felt this the
worst because out of my team, which had thousands of members in it, about 90% of them were in five other
continents. And so what would happen is I was waking up like 4.30 in the
the morning. I was logging on because I was trying to have conversations with people who were in
Asia and then the Europe market would kick in. And then afterwards, I'd get home, do a few things
with the family. And before I knew it, I was back on with the Asian teams because I had so many
employees in Japan, India, Malaysia, and China. And it's just after a while unattainable.
because there is no time to rest.
Right.
And if you're working around the clock, as he said, how does the rest of your to-do list get done?
And then when we have that feeling of being constantly behind and not on top of things,
that is so depleting to our energy and to our sense of wholeness because I think we have that craving as humans to finish the job.
And if the job can never be finished, right?
We never get that closure.
We never get that sense of satisfaction that we're chasing.
And we don't get it in either domain because I've got.
a pile of unfolded laundry and a pile of unanswered emails.
Yes. In your book, which we're going to be discussing today, which is titled having it all,
one of the things that you discuss was how when you had your child, you were having to do a two-hour
commute on top of everything else that was going on with the family and everything else.
Could you bring us back to that time period and what this showed you about having to stack all
these things on top of each other? Yeah, well, I say in the book that I gave birth to my son and also
a midlife crisis because everything that I had stacked on top of each other and was balancing,
stopped balancing when I suddenly had an infant at home. So that commute felt like it could work,
right? When I didn't have an infant, but then suddenly when I have a breastfeeding infant
and I'm pumping in the Amtrak bathroom, it felt like it wasn't adding up at all. And that sense of
incompleteness in both domains, I felt like I was falling behind my colleagues at work. I wasn't
keeping up. I wasn't publishing enough papers. I might not get tenure. I was on the tenure track
at Wharton. And then meanwhile, I felt like I was missing things at home. I was missing bedtimes.
I was missing mornings and little cute things that they do with the daycare and those moments that
were passing me by. And so I, and every time I would come home, it would feel like, okay, now there's
tons of dishes in the sink and there's tons of laundry to do and there's packages that need to be
returned. And it just felt like a never-ending treadmill. And in that all, I really felt like I was losing
myself, my fundamental sense of self with my identity being a person who was like on top of things
and who was successful and was able to set goals and achieve them. And suddenly it was all truly too
much for one person to take on. And I know your research has a lot of focus on,
women. But I think this feeling of overwhelmed, as I described with myself, is gender neutral.
And what I think is it's actually a structural problem with modern life. And I think that's something
you agree with. Yeah, I absolutely agree with that, that I think there are these structural
features, like I said, of workplaces demanding more of us spending more time with kids.
and there being no more juice to squeeze from time-saving home technologies that lifted the burden for our parents' generation.
They said, oh, suddenly I can pop something in the microwave so I can stay a little bit later at work.
But we don't have any more technology that actually can take over some of these routine day-to-day tasks.
And some of the deeper work that isn't routine, it's very hard to outsource, which is emotionally processing things with your child or putting them to bed, right?
There's no one that can replace you in those moments.
So I think there's a lot of things that are impacting both men and women.
And I think one of the things that I do hear from women more, and I mentioned it myself,
is that the guilt or the feeling of not enoughness in the home domain sometimes weighs heavier on women.
Conversely, I sometimes hear from men that that feeling of not enoughness in the career domain may weigh heavier on them, right?
That kind of feeling of I need to achieve or I need to accomplish.
or it means I'm not good enough in some way. I think there's definitely a lot of that going on.
I think from a structural standpoint, the other thing I found is even your children's schools are
asking for constraints of your time. I know for us to get our kids into either a private school
or a magnet type school or a fundamental school type of environment, there are requirements that
they put on the parents for how much time they're willing to invest in the school. And if you've got two
working parents, it's just such a barrier, plus everything you've got to do after school and the
after school commitments that also hit you, et cetera.
Travel soccer and hockey and, oh my goodness, yes.
To me, the structural elements are at work, but they go far beyond work.
And oftentimes we don't even realize that even when we sign up to volunteer or to be part
of church groups or other things, there tends to be far more commitments.
that come to it then first meet the eye.
So I have been doing a lot of interviews lately
and one of around my new book, The Mattering Effect,
and one of those was with Barry Schwartz,
who I'm sure you have probably know personally.
And he and I were really talking about why he,
I think, doesn't like rational choice theory
because it's putting so many constraints on people's choice.
And I wanted to ask you, what do you think are some of the biggest constraints that people don't
even realize they're making that are shaping their choices?
Oh, such a great question because I think there's the actual constraints, right, which are
things like you have finite time and money.
And there are tradeoffs in the world that if you choose to put more time into work, then you
have less time for your kids.
And if you choose to put time into your kids' schools, you have less time for your personal
life and going to the gym, right? So there's real constraints. And then there's these forces that
shape our choices that sometimes people think are constraints, but they're actually preferences or
their norms or their obligations or expectations. So it's, well, I have to volunteer at the school
because otherwise everybody's going to judge me. And it's like, well, that's actually a preference.
It's a preference for not feeling judged, right? There's also the forces of evolution. So in economics,
we distinguish between the things that actually increase your well-being and the things that humans
might think increase their well-being and therefore choose to do, but don't actually increase their
well-being. You can think of it as, if I could put a type of candy in front of you that you don't even
like, and you might, if you're sitting working at your desk, you might mindlessly eat it because,
you know, our brains have this old programming from millions of years of evolution that says,
hey, if there's a calorie available, that calorie should be consumed because you don't know
when you're going to get one again, right? And we know that is maladaptive in our now like nutrient
rich environment that we now exist in, right? Well, the same is true for other choices that we make
with things like our time. One of the things we talked about is like volunteering at church.
And for our genes, being liked by other people was a survival strategy because you had to
keep your community happy with you and build those relationships so that they would share food
with you during the winter, right? But right now, whether or not you're the world's best
church volunteer isn't going to determine whether you survive the famine. But your genes sometimes
can still feel like it will and say like this, John, this is an existential threat if somebody's
unhappy with you or someone's disappointed with you. And so again, that can cause us to make
choices out of guilt, out of a sense of social obligation, out of a sense of keeping up with the
is because that social status protected us in a much more violent and less secure world or
environment that our genes evolved in. But that's, again, maladaptive now when so many things
need our time and so few things are really about survival. But making those choices
under the threat of survival can actually limit our thriving because we're always chasing
that being okay, making everybody else happy,
and we're not finding what we really value
or what brings us to our kind of highest state of existing.
And I think that last thing you said is extremely important
because when you're under this constant feeling of responsibility
and then you don't get any relief,
it, at least for me, it had a major compounding effect.
And I don't even think at the time,
I really realized it was happening because it's one of those things.
The responsibility starts building up and you realize it.
But then after that, especially when you have kids,
it subtly becomes more and more additional burden.
But it's slight burdens that are increasing.
Or you realize that all of a sudden it's become overwhelming.
Oh, it's death by a thousand cuts.
How do you think when this is happening,
it impacts how people experience energy day to day.
I think what I was feeling was that sense of depletion of all of your energy going out
and nothing coming back, nothing filling your cup up, right?
Nothing nourishing you.
And one of the things that I note, and as you said, my book focuses on women,
but this experience is more universal, is that for parents,
we want to endlessly pour energy into our kids,
and we do let ourselves become depleted, we skip the gym or we skip the things that we need
to take care of ourselves, I think the piece that we miss is that when we're not getting that
energy in, the energy that's flowing out becomes degraded also.
So what we're putting into our kids actually isn't as high quality when we are not getting
that energy flow in that we need.
And I think that's important because otherwise parents feel like selfish, right?
when they're like, oh, I'm going to go to the gym and I'm going to skip doing the breakfast and the morning routine and the school drop off twice a week or whatever.
Or, oh, I'm going to set a limit that says, look, sweetie, you got to pick one sport.
It can either be soccer or hockey.
It can't be both because we can't drive in three different directions six days a week.
And we feel like selfish, right?
But I think what that misses is that your kid doesn't see the bigger picture.
The same way your kid is always going to ask for one more episode of TV or an extra.
assert or whatever, and you're going to set limits. That's your job as a parent because you see
the bigger picture. And if you zoom out, you can see the picture that says, if I keep letting
the energy flow out, the quality of it is going to go down. And therefore, the time that I spend
with my child that's most important for their human capital development, that's the economist's term
for kids' knowledge and their leadership skills and everything that they're going to take into the
labor force. The things that are so important for their human capital development are the
relationship with you, the connected time with you, the ability to discuss things with you as a parent.
And I really saw that with my son, that when I made choices that protected my energy a little bit,
and I made some big changes in my life, you can read about them in the book, that our relationship
actually blossomed because I was able to be present with him. I was able to be the kind of parent
that he needed. So there's a reason the rule is put your oxygen mask on first. It's not because
the parents more important. It's because you might pass out and not be able to put the kid's
oxygen mask on if you don't take care of yourself first. And I just think that's something that's so
important for parents to keep in mind. Before we continue, I want to pause for a moment because one of the
themes in today's conversation is something I've been researching deeply for my upcoming book,
The Mattering Effect. What Corinne and I are talking about, this feeling of depletion,
of being stretched too thin, of doing everything right, but still feeling like something is missing,
is a loss of mattering. When we feel like we don't matter, or that what we're doing doesn't matter,
or that we've optimized our lives around things that don't truly reflect who we are,
it creates a quiet, a powerful form of disconnection from ourselves, from others, and from meaning.
The mattering effect is about understanding how that happens and more importantly how to reclaim it.
Because when you restore a sense of mattering, everything changes, how you show up,
how you make decisions, and how your life feels. You can pre-order the mattering effect,
now at the mattering effect.com, available October 6th. Now, a quick break for our sponsors. Thank you for
supporting those who support the show. You're listening to Passionstruck right here on the Passionstruck network.
Now, let's return to the conversation with Corinne Lowe.
Corinne, I want to use that oxygen mask theory here for a second because in my book, when I
describe mattering, I describe it like oxygen. To me, there's certainly,
certain things that psychologically we need safety, we need love, and I feel like we need to have
the need to matter. And if that need to matter is like oxygen and finally were cut off from it,
I think it's the same thing that you're alluding to with the oxygen mask. We start getting
depleted of it and all of a sudden it then starts having unimaginable consequences that we
never thought of. And when I was talking to Gordon Flett about this, I was asking him about
loneliness and burnout and hopelessness and rising anxiety. And I asked him, do you think these things
are all related? And his term is anti-mattering. Do you think anti-mattering is at the root of it?
And he said his research was, in his opinion, yes, this is.
the major cause and those are symptoms of it.
If you think about that analogy with the oxygen,
if mattering is like oxygen,
do you think his premise has weight?
I think I haven't studied like that specific effect, right?
But I think that is part of what I talk about in my work
is that ourselves are the resource that we use
to invest in these other areas of our life.
And so if you just invest in your career, you just invest in your partner, you just invest in your kids, and you don't invest in yourself, each of those investments, right, is not actually going to pay off in the way that you think it is because you yourself are actually a scarce resource, your time and your energy.
And so I do think it's very important to protect the self, the energy for the self, right?
And to tap into what are the things that actually fill your cup?
What are the things that replenish your oxygen supply?
And to understand that when we do that, far from taking away from other people in our lives
or other sources that we could put our energy into, often you're going to end up replenishing
those connections because if you are whole, then you are able to give, you are able to be
present. That's the concept that I introduced in the book. It's an economics concept that kind of
everybody's taking Econ 101 knows, this concept of the utility function. I think it's a similar
thing to your mattering effect, which is that I tell people you need to tap into what you most
deeply value. And the things that give you utility, it's not about earning more money,
but it's also not just about being happy. I think there's been some emphasis in the self
help literature on like happiness or joy. And I don't think that's everything that matters in life.
Like one of the things I mentioned is that like one of the most valuable things you can do is sit by
the side of a dying family member. And nobody would describe that as a happy or a joyful experience.
Often you're sitting there crying. But it has tremendous value. It's something that you would never
regret at the end of your life. And so utility, I define it as the things at the end of your life you
would look back on and say that is a life well lived. That's how it that's what I wanted to be doing that
brought me meaning that brought me fulfillment. So utility includes taking care of your kids,
taking care of loved ones. But it also just includes going for a hike on a spring day and smelling
the way the air smells after the yucky weather of the winter has gone, right? Or after a rainstorm.
So I think that concept, I think they have a lot in common of this so that fundamentally we need to
into what matters to you. And that means tuning out a little bit of the messages that the world
sends us about what we need to be whole. Because the world is going to say, you need a nice car,
you need a nice house. You need to, if you're a woman, you need to not be wrinkled and not age.
You need to lose weight. And at the end of our life, again, when we think about this utility idea,
often those are not the things that we would put weight on. So we've got to tune out the messages,
right, the capitalistic consumeristic messages that tell us to focus on those things.
And we've got to tune into what actually matters to us and ultimately that makes us matter.
Yeah, Corinne, are you familiar with Professor Gilevich's work out of Cornell?
No, I'm not.
So he has been studying regret.
Like people when they're in their third trimester of life, what do they regret the most?
his work is pretty eye-opening because it showed that 76% of them regret not living to become their
ideal self. Now, we could question what does ideal self-mean? Is that self-transcendence? Is that
self-actualization? But to me, if you think about the utility function that you brought up,
I think it's those things that our future self would value that you accomplished.
And when you look back, that you were proud that you took the time to do them is how I see it.
Is that similar as how you would look at it?
Yeah, exactly.
So what do you think are the keys for someone actually figuring out what their utility function is?
Great question. And one of the ways I recommend people do it is by closing your eyes and picturing your life if money were no object, if you were a megabillionaire, what would your life look like? And I think for a lot of people, there's some material things, right? You'd be like, oh, I'd have a nicer house or I would drive a nicer car. I would take lots of vacations. And then there's some things that are about how you spend your time that are like, oh, I'd have a nicer house. I'd be like, oh, I'd have a nicer house, or I would drive a nicer car. I would take lots of vacations. And then there's some things that are,
I wouldn't need to work so much.
And so I would spend a lot of time visiting relatives that I don't get to see.
Or I would spend a lot of quality time with my kids.
And I wouldn't feel rushed or stressed or that I had to finish something.
I would be really present with them.
Right.
So going through this exercise, and it's a little wistful because obviously you can't have that life.
You can't just snap your fingers and make it happen, right?
But it is revealing to you because that's the unconstrained maximization in the
the real world, we're doing constrained maximization, but this still unlocks what you are ultimately
trying to be maximizing. And it's often very telling to people because if you did this, John,
for example, you would have never said, I would make sure to be on the phone at 9 p.m.
With Singapore, you would never say that's something you're going to do. Again, if money is no object,
if you don't face any constraints. And what that informs you is that it says, even people who love
their jobs. I love my job. But if in that fantasy world, it'd say, yeah, but I would do it for like
10 hours a week, 15 hours a week. I wouldn't do it for 60 hours a week, right? Ultimately, we work
because we get paid in money. And money buys other things that give us utility. It buys the things
that you picture like the nice vacation that you need money to buy, right? But it's revealing about
the things that you actually value. And then you can do the work. You can be a problem solver to be like,
okay, that's what I value. How do I get more of it? And recognizing that if fundamentally,
a lot of what you were picturing was about control over your time, that you can make choices right
now to say, well, then I'm going to make tradeoffs to invest less time into work, because work is
a tool we use to convert our time into money and more time into those things that directly give
me utility, that directly are important to me, that directly matter to me. It's interesting,
and Corinne, I was having a discussion with Jamel Zaki, and we were talking about our worth.
And it went along the lines of this whole personal utility function, that oftentimes we don't
even realize that our worth in some ways is being erased from us, because I use it in this example.
we were talking about that what we're living today is really a market of mattering, a mattering market.
And what Jamil and I were really discussing is when people optimize for what society rewards rather than what actually makes them happy, it's like an increment at a time of your self-worth that's erased.
And when he and I were first talking about it, it was like the light bulb went off for me.
Because that self-worth gets optimized all the time in things we do that we don't even realize we're doing.
And I realized this when I was in my late 30s, early 40s, because I was like, I keep coming into work.
And one, I'm an introvert and an extrovert type of world.
But two, I felt like I was optimizing so much of who I was to be productive at work.
and to show up in a way that would maximize my effectiveness in that work environment.
But the more I started to look at it, it was almost like I was putting a mask on every day,
hiding who I was underneath it and what was actually making me happy.
Do you think that's a gap a lot of people are dealing with?
Oh, absolutely.
And I think it's so easy to lose sight of what's actually important to us,
because that's in everybody else's interests, right?
Your job doesn't want you to think about what's most important for you.
Your job wants you to think about how to be more productive, how to make them more money.
And so they're going to put a lot of status incentives to make you feel like doing more for them is consistent with doing more for yourself.
And you've got to actually recognize, no, there's a gap there, right?
That fundamentally our interests are not shared.
And I want different things.
And if I had complete control and freedom over my time, I might spend more time sitting
on the beach or playing with my toddler than is actually in the interest of my company that's profit maximizing, right?
So I think that's exactly right.
And that's why it's important to take these moments to be really explicit and strategic in our own lives.
the same way you do a quarterly plan at work or whatever and you have to take that board's eye view
to sit down and say is how I'm spending my time consistent with what brings me value.
Am I actually maximizing here?
Am I actually living life in a way that gets me as much utility as possible,
acknowledging that I'm facing constraints and I can't just have infinite utility.
But within those constraints, am I doing the best that I can?
Karen, I want to park this whole idea of personal utility for a second, and I promise I'm going to come back to it.
I want to go back to the concept of deals.
A couple months ago was speaking with Alex Emus, and we were talking about his book that he co-authored with Nobel laureate, Richard Thaler.
And we were talking about this in terms of deals that we think about in economic terms.
where you're overpaying for things, and that's what causes the winner's curse.
I was hoping that you could talk about deals and how they impact our jobs,
our relationships, and our major life decisions, and what makes a good deal versus one that
is unsustainable.
Such a great question.
And Alex is my neighbor and a good friend.
And I love his book, so everybody should pick it up.
But I think what's different about those deals in our relationships, in our jobs, versus the deals that we make about financial matters is it's much less explicit that there is a deal happening at all.
And so often you fall into a deal that you then realize, you're like, wait a minute, this does not end up.
This is a bad deal.
I give the example in the book, and it was something I lived through of women.
winning the bread and baking it too in their relationships that we often see in the data that when a man
earns more, the woman, his wife, does more home production. They do more of the cooking and the
cleaning. They do more of the child care. But when a woman earns more, she still does more of the
cooking and cleaning and the child care. And that's what I call winning the bread and baking it
too. And you don't sign up for that. You don't make that explicit, right? It's that you get married.
in my case, we had equal earning power when we got married.
And then he at some point decided to leave his job and kind of try to start a business,
had some setbacks doing that.
I happened to after I went to grad school, get a really good job at Wharton.
And so it just started happening that an earnings gap opened up.
And then because of some gender roles and some defaults, I was more of the primary
parent and I was doing more at home.
And I never would have negotiated that deal for myself, right?
If it was me explicit, if it was like, hey, okay, does,
this arrangement work for you. I would have never negotiated that deal, but you don't negotiate it.
You just fall into it, and then you open your eyes. You're like, wait a minute. And the same can happen
at work, right? I know women who, you know, right out of college, they said, I want to make a difference.
And so they went into a passion field. They went into labor organizing or they went into a nonprofit or
they went into the arts or media. And they said, I'm willing to struggle because I want to be in this field.
I want to make a difference. But then at some point, they realized, wait a minute, my employer
is taking everything from me. And I'm getting this fulfillment back, but I'm not getting rewarded
in money. And now I'm falling behind my peers. I can't afford to buy a home. I can't afford to feel
like I have financial stability. And that amount of fulfillment I'm getting from my employer, it's not
worth it. And I've seen some of those women choose to move into a more transactional career where
they say, okay, I'm going to move into something where I clock in and I clock out. And then I'm
going to volunteer on the side and get my fulfillment there. I'm going to spend time with
my kids and get my fulfillment there. I think what's different about the types of deals that Alex is
talking about and the types of deals that I write about is that often we're not aware that we're
making those deals, right? We don't think of it as there's terms of this agreement. And that's why
I think it's important to like actually zoom out and be like, what are the terms of this agreement?
What is the balance of trade with my employer, right? How much am I giving and how much am I getting?
And the same in marriages, the same in friendships, right? If there are friendships where you
say, hey, every single time I'm the one chasing down to make plans or every single time I'm the one coming to the rescue.
Just recognizing where am I putting in more energy than I'm getting back?
Yeah, it's a person who's in a family ecosystem where if you think about this as the analogy of a house, all of a sudden, they become the floor that everyone is stopping on.
or they become the refrigerator that's out in the garage serves a purpose but doesn't really get
any constant love and caring, right?
Yeah.
So I think one of the things that goes on in society is so many smart capable people
stay in bad deals for a very long time, whether that's at work or at home, as you were just
describing.
What do you think are some of the early warning signs that one of those deals or life arrangement
is costing you more than it's giving you.
One of the things that I think I should have recognized earlier in that bad deal that I was in
was that when somebody needed to make a sacrifice or make a compromise, it was always me, right?
That's if something feels one-sided, where, for example, your firm is asking you to kill yourself
and stay up all night and finish something because there's an emergency or bail somebody else out.
But then when you have an emergency, you don't get that grace, right?
Where they're like, I get it that you couldn't meet this deadline or I get it that like you need to take this time off to be with a family member or something like that.
So when something is one-sided and only one person is making sacrifices, I think that's definitely a warning side.
When something is leaving you depleted.
So if you are just unhappy all the time and if you're constantly feeling that.
lack of energy that like you're making a pro and con list, should I quit this job or should I
leave this relationship? I always say, if you're making a pro and con list, like you already
know the answer because it shouldn't feel like that. Because when you're fulfilled, when you're
where you're supposed to be, yes, things feel hard, but you also know that you have a foundation
that's worth preserving, right? And that's the like, are you making investments in people
and institutions that are also making investments in you, right?
And true community, true friendship is when you know, okay, yes, you might sometimes be the person
who does favors for somebody who throws a party for them, who picks their kid up from school,
who whatever, but that's also there for you.
And sometimes for people who are like chronic givers, you have to let yourself test that.
You have to sometimes let yourself receive to recognize that some of that giving that you've
been doing can come back to you, right? But if you know for a fact, you know that, okay, I have asked
that person to step up for me. I have asked my job. I have asked my relationship to step up for me,
and it wasn't there. I didn't get that same grace. I think that's a big red flag.
In your book, having it all frame all of this, that life is a set of exchanges of time, money,
energy effort for a perceived payoff. So if we go back to what we were talking about with
personal utility. And you think about the deals we were just talking about, how would us knowing our
utility function shift or guide the big decisions or deals that we're making in our career relationships,
etc? How would it make things different? So in both of these, if you know that, you can map things
over the arc of your life to in a way that's going to work for you.
So I talk about this in relationships by saying when we're getting into relationships,
we often think about those in the moment feeling.
So we think about who makes a good boyfriend or girlfriend, but we don't think about
who makes a good partner in the enterprise of having a shared life.
And you do want to think about things like, do you have shared values about how much
to invest in career versus how much time to invest in children or other pursuits?
Just shared values about how much time to spend on leisure and enjoyment versus
capitalistic productivity.
Are you both going to be there?
Are you both willing to make sacrifices where if I have a career opportunity in another city,
you'd have to quit your job for me to take it?
Is that reciprocal and not just an expectation that one person is going to sacrifice for the other person?
So thinking about how you want your life to look and feel and then thinking about if you're aligned.
One of the mistakes I see people make is where at the time you get together,
you're like both living in like a bare bones apartment with IKEA furniture.
but like one person is picturing, I want to have a home with holiday traditions and I want to have
the Christmas tree decorated and stockings on the mantle and I want to have it be carpeted and have
paintings hung up and have nice furniture and whatever. And the other person is just like,
this is fine, right? So that difference, that wide chasm between you is not been revealed because
you're at this moment in life where you're both living this student, young person lifestyle.
But you've got to be able to mentally hit fast forward a little bit to where do you want to be in 20 years and see if you're lined up then.
And the same is true in a career.
As I said, I mentioned the people I know who've gone into passion fields because they said, yeah, right now in my 20s, this works for me.
And I want to feel like I'm making a difference.
But you've got to mentally fast forward.
Am I making investments in a career that's going to work for me when I've got young kids at home and I've got bills to pay?
And is this choice that I'm making now?
Is this going to pay off then?
thinking about like how can a career support you over the arc of your life? And that doesn't mean,
I don't think you have it all figured out from the beginning. My first job out of college was McKinsey
consulting. I did not stay there. But it gave me a lot of human capital. It gave me a lot of those
skills and leadership capabilities and knowledge that I could use in whatever my next job was.
So you don't have to have it all mapped out, but you want to give yourself options for the future.
you want to be building your durable, transferable human capital, which is more important than ever
in the age of AI, because we really don't know what fields are going to exist 10 years from now,
right? But things like your leadership skills, things like your ability to communicate,
your resilience in the face of change, that's durable, transferable human capital. And so
building that up is going to help you map out a career over the arc of your life. But I think that
in both cases, relationships and career, it's really about mentally fast forwarding and remembering
that your utility function is you looking back at 85 years old and asking how are the choices
that you're making today setting you up for maximizing utility over the arc of your life.
You probably didn't know this, but I spent a number of years at Booz & Co.
So I know that world.
I know that McKenzie world.
And I would always look at the partners thinking some of them.
had been there 20, 25 years, I was like, how in the world do you do this?
And I would say, as an economist, because of what my utility function is, I would say these people
are really poor because they're making a lot of money, but they are traveling four or five days a week
away from their kids, and they're missing a lot of the things that to me really matter in life.
And so that, to me, is not wealth because of my utility function. That might be their utility
function, it might be fine, right? But I think when you think about your own values, that's what you want to do.
You want to look at the people who have been there for 20 years. And you want to say, if I'm investing in
building this career, is it a career that I want? Is it ultimately going to pay off in a way that is
consistent with my utility function? Cren, one of the things you talk about in the book is something
that you identify as the squeeze. And to me, this squeeze was something that I think,
my parents had warned me about, but I didn't really have a terminology for it until I found myself
in it. But maybe you could describe for the audience what the squeeze is and how they might
understand if they're living in it now or if they've already gone through it. The way I uncovered
the squeeze was starting with the research question of why am I so tired all the time? And I wanted to
look at how time use changed over the life cycle. And what I found is that we face this kind of
mountain of child care and housework time when our kids are young, which is typically mid-30s. So it's
when you have the maximum number of young kids, like not just one kid, but you have two or three
young kids. And it's at the point where we're still investing in our careers. Because if you
graph income over that same time period, income still has a really steep slope, it's still increasing
because you're still investing in your career and it hasn't paid off yet.
You have this time where your time use is at this peak, it says mountain,
but your income hasn't peaked yet.
So you can't like throw money at the problem.
So you often feel squeezed on both time and money.
You feel like I've got to stay at work because I've got to make these career investments,
but they're not actually paying me that much yet.
So it's not that I can just like hire a nanny and two housekeepers and whatever,
a driver to take care of the car, right? I also have to save and be frugal. And like, my kids need more
than me than from me than at any other point in their lives. And what's ironic about the squeeze is that
then both of those things are bait within the next 10 years. Within the next 10 years, your career
investments start to pay off. So you start to have more money. And the time that your kids need
from you really starts to plummet. And then you end up like maybe in your
40s and 50s being like, oh, I have more time now and more money. Why was I so stressed out
in those years in the past? And so I guess knowing that you're going to get to the other side of it,
to me as an economist who thinks about maximizing utility over the life cycle, it changes the way
you approach it. And one of the things that I say is that because the squeeze passes,
because it's so temporary, it means that your solutions while you're in it don't have to be
sustainable. You can actually do things that you say, yeah, right now we're not going to eat
home-cooked food. This doesn't mean we're never going to eat home-cooked food. I don't need to
I have this tendency to catastrophize, like when the house is a mess. I'm like, it's always going to be
messy. I'm never going to catch up with it, right? So right now, you're in the squeeze. Things might
not, things might be a little messy and imperfect. They might not be meeting your ideal. And I even mean
that financially, that I even mean that for people with young kids and young careers, it would be better to invest
in outsourcing and giving yourself back time and saving a little less,
presuming that you are matching, maxing out your 401k match,
because that's the only thing you've got to max that out is free money, right?
But presuming you're maxing out your 401k match,
it would be better to actually save less or even take money out of savings
to get through the squeeze and invest in your career because that's going to pay off later.
To summarize, what your research shows in the book is that home demands,
peak before income does. And so that intensifies the strain of the squeeze that people are feeling.
So my question to that is it seems like the squeeze is lasting for many people and longer,
regardless if they have the kids who are growing up or not. Have you seen that as well?
I think there's a couple factors there. One thing that I hear about a lot is the demands of aging
parents. And that is hitting us earlier in life because of generations getting more stretched out.
The fact that we do have kids in our 30s, late 30s, early 40s now means that our parents might be
aging before our kids are off on self-independent. And so that's one reason. The other reason is
longer career tracks. So careers are asking for more investments. It's not straight out of college
to the kind of high-paying job. It's from college to more investments. In academia, the example is it
used to be that you went straight from college to get your PhD. And now it's college and you do a
pre-doc and you get your PhD and then you do a postdoc and then finally you have a faculty
position. And so that is stretching out that length of that investment period where your job needs
your time and the money hasn't paid off yet. Thinking about that squeeze period, how should compels
think about dividing responsibilities in a way that feels fair even as their circumstances change?
because I know this was something that when I had kids, we went through, like trying to think about it because our kids had a six-year spread, but they were both involved in different activities.
And it got really complicated as they got older as they were both wanting to do things.
And we were both trying to meet their needs and meet our needs and the family needs, et cetera.
You see where I'm going.
Totally.
And it is very challenging.
And I recommend that couples actually try tracking their time a little bit because it's very hard to divide what you can't see.
And often there's a lot of invisible labor in the household.
So I actually recommend I have a time tracking tool on my website.
You go to corinlo.com resources slash resources.
And I recommend that you get some data in your household of what is all the stuff that's taking up your time.
And then have some of those strategic conversations of do we want to be spending this much time?
this, is this something we can outsource if you find that actually, I didn't realize it was a huge
time sink to do all the meal prep and cleaning out the fridge. Okay, is that something we can outsource?
And then are there things that one person needs to take off the other person's plate where, again,
we didn't realize that, oh, this is so time consuming that every day you're managing this stream
of texts from the teenager and we need to make sure that the teenager texts both of us or whatever,
right? So getting some data and then using like the power of,
of economics to understand are there things that it makes sense to divide because one person is
better at it. One person likes it more, right? But there's other areas where nobody really likes it.
It's just the grime of everyday life that needs to be done, right? And then you've just got to make
sure that like you're both pitching in and it's not, you're not letting some of that labor become
invisibleized where just one person does it and the other person takes it for granted.
The refilling the toilet paper rolls and refilling the soap dispensers, those are great examples.
Tracking your time and getting some of that data, it lets you think, are we aligning our time
within the household with our values? And if our values are shared joint contribution, that's
one thing we have to work on. And also, if our values are investing in the things that matter,
spending time with people, spending time with investing in our careers, are there ways that we
can get some of these things off our plate, either by outsourcing them or some of them, even
just by letting them go.
So I want to go back now that we've explained a lot of this to that analogy that I gave
earlier of, you're living in a house, you're part of this family unit.
So I think one of the things that happens in modern partnerships, and it's something that you
highlight in the book, is that they often lack explicit negotiation.
So I think what that ends up doing is it ends up, if you think about this in economics, in resource allocation being done in an unfair way.
So when that happens, it leads to mismatched expectations and ultimately to resentment, which I think is what causes a lot of the breakups that we see today or anger or pent up frustration that people have.
So from your standpoint examining this, how do you think partnerships could do a better job doing these negotiations?
Because I think sometimes what we end up in is we get trapped where we're at.
So you get trapped being that person who's the floor.
And then you don't know, how do you go from the floor to being a chair again?
And then sometimes those, like where we get trapped in there, so those defaults and those can be gender defaults for,
example, where maybe the guy is trapped in this role of feeling like he has to be the breadwinner
and go to work for 45 hours a week, but he's miserable and he would rather spend more time with the
kids and invest more in her career. But it just ends up because it's such a strong societal default,
right? So I think you need to take the time to really have these conversations about what do you
value in life, what's important to you, and are you getting enough of it, right? And then understanding
that the biggest gift you can give somebody is the gift of what they value. It's according to
what their needs actually are. So you might think, well, when I come home from a long day of work,
what I can do for the household is take the trash out and empty the dishwasher so she doesn't
have to worry about it in the morning. But it might actually be that for her, what she wants is a
hug and some emotional support when you get home from work, right? So I think it's, you've got to
have that explicit conversation because it has to be like, what are your needs and how can we
each support one another's needs and how can we constantly be questioning those societal defaults
and instead making really active choices about what roles we're going to play in the household?
Ultimately, what I kind of inferred from the book is that the notion of having it all is really
unrealistic and poorly defined. But what I liked about it is what I think you're really proposing,
which really goes to a lot of what I'm interested in is it's really about having enough of what
matters most to you.
Yes, that's exactly.
Going back to that personal utility and the value system.
If you think about future self, what would be your advice to listeners on if they're thinking
about that future self that they're crafting, how do they approach that in a way that
they'll have enough of what matters most to them so that they're not the 76% that Tom
Gillovich talks about in the twilight phase of your life.
Well, I think you need to be relentless in seeking out what you actually value from life
and not letting it become one kind of giant default.
And that is very hard when we all feel so time-starved, because when you don't have enough
time, you're just trying to keep up, right? You're just trying to stay on top of the treadmill.
But actually taking some time to carve out, this is how I want to use my time instead of just
fielding the balls as they get thrown at you can be extremely valuable in that ultimately
living a more regret-free life. One of the tools I recommend in the book to do that is to actually
name a couple of the things that fill your cup the most, that you value the most, whether
that's getting outside for a walk, whether that's seeing your friends, whether that's having
slow, connected time with your kids, family meals, a date night with your partner, and
put that on your calendar as a non-negotiable instead of doing it with the time you have
left over because we tend to leave ourselves the time crumbles, like in the bottom of the cookie
bag for the things that we actually value the most, right? For the things that are the most
important to us, where if we said at the end of our life, these are the things we're going to
put the most points on. And so why do we let those be the last things we do with our time?
So it's similar to a personal finance adage that's pay yourself first, which is make your
investments before you pay all your bills and you do all the other things you need to do.
This is pay yourself first with time. Those things.
that give you the most utility actually are the most productive things you could do with your time
because I define productivity as producing utility. It's not any more productive to go to work
and make money and buy something that gives you utility than it is to make utility directly with
your time. So those things that you would assign the greatest weight to at the end of your life,
you should be assigning the greatest weight to right now by don't stop, everybody listening,
put them on your calendar right now and let those be the non-negotiables and let everything else
claim the crumbs at the bottom of the cookie bag.
Thank you so much for that, Karen.
And the last thing I wanted to ask you, because I have heard you talk about this, that
you're not the biggest fan of chasing your passion, which when I think of passion struck
isn't what the meaning is.
I'd love to ask this question.
For you, now that I've given that prompt, what does it mean for you to be passion struck?
What I mean by that with not chasing your passion is I mean it specifically.
in the domain of career because, as I alluded to earlier, sometimes the thing we're
most passionate about isn't going to produce the most utility in our career because it could
be that there's no way to get a good conversion of our time into money in that career area.
Right.
So I want people to focus on utility from their jobs and be passionate but also be practical
with their careers.
But to be passion struck in life is exactly what I'm talking about, which is that.
that I should feel alive every day because I am doing things that I value.
I'm doing things that ultimately matter in that sense of at the end of my life, that would be
a day that mattered that was filled with goodness, right?
That was filled with actual content that I value.
And so every day, I am passion struck by my children.
I am passion struck by my work because I am lucky enough to have work that I'm able to find that
kind of value in those sparks of passion in.
I'm also passion struck by my volunteer work that I do.
I'm someone who chose not to work in a nonprofit field, but I actually run a nonprofit in my
spare time because it's something that I'm passionate about, but there was no way to make it
financially add up as a career, right?
So finding to be, to me to be passion struck is finding those moments each day that,
would go up on the point board at the end of your life. And I want every day to have those moments
for you because every day should count. Corrin, where's the best place people can go if they want
to learn more about you and your work? You can go to my website, Corinlo.com. You can follow me on
Instagram, Corinne Lo, Ph.D. And of course, you can pick up having it all wherever you get your books.
It's in hardcover. It's an e-book. You can also get an audiobook. If you're somebody who likes
to listen while you're at the gym or you're taking a walk to go see your friends to do something
that you value, something that brings you utility. And I hope that people will stay in touch.
Awesome. Corinne, it was such an honor to have you today. Thank you so much for joining us on
Passion Struck. Thanks, John. That brings us to the end of today's conversation with Corinne Lowe.
What stood out most to me is this. We often think we're overwhelmed because we're not managing our time
well enough. But what Corinne shows us is something much deeper. We're not just managing time.
We're navigating systems, expectations, and invisible agreements that are constantly shaping how we live.
And when those systems ask more than we can sustainably give, the result isn't just exhaustion,
it's disconnection, from our energy, from our priorities, and ultimately from what makes life
feel meaningful. What I found especially powerful is her idea of utility, not as happiness in the
moment, but as the things you would look back on at the end of your life and say, that mattered.
Because when you start living through that lens, you stop asking, what should I be doing?
And you start asking, what is actually worth my life?
That shift changes everything.
And that insight leads directly into our next conversation.
Because if Arthur Brooks helps us understand the inner foundations and meaning, and Corinne Lowe
showed us how external systems shape our lives, then next week we take it one step further.
I'm joined by Dr. Claude Steele. In his new book, Churn, Claude explores a powerful and often
invisible force, the tension that arises between people of different identities in important moments.
He calls it Churn. It's the subtle discomfort, the self-consciousness, the unspoken pressure
that shapes how we show up, often without us even realizing it. You don't want to miss it.
The concept that we call stereotype threat, and it's a very simple, I mean,
I think people will recognize it when they hear it, that whenever you're in a situation or you're doing something for which a negative stereotype about one of your identities, your age, your sex, your race, your religion, whenever a negative stereotype about one of those identities is relevant to what you're doing, you know that you could be judged and treated in terms of that stereotype.
And if the situation is important to you, to your future,
and that prospect of being seen and treated that way
can be upsetting and distracting and can interfere with your performance
right there in the immediate situation,
and it can also deter you from walks of life
where you feel that pressure.
If this episode resonated with you,
share it with someone who might need it.
Leave a five-star rating review on Apple Podcasts for Spotify,
and if you're ready to go deeper,
please visit My Substack,
TheignitedLife.net. Until next time, remember, a meaningful life isn't about doing more.
It's about choosing intentionally what actually matters. I'm John Miles, and you've been
passion-struck.
