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Scarcity

Why Having Too Little Means So Much

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Scarcity

Von: Sendhil Mullainathan, Eldar Shafir
Gesprochen von: Robert Petkoff
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In the blockbuster tradition of Freakonomics, a Harvard economist and a Princeton psychology professor team up to offer a surprising and empowering new way to look at everyday life, presenting a paradigm-challenging examination of how scarcity—and our flawed responses to it—shapes our lives, our society, and our culture.

Why do successful people get things done at the last minute? Why does poverty persist? Why do organizations get stuck firefighting? Why do the lonely find it hard to make friends? These questions seem unconnected, yet Sendhil Mullainathan and Eldar Shafir show that they are all are examples of a mindset produced by scarcity.

Drawing on cutting-edge research from behavioral science and economics, Mullainathan and Shafir show that scarcity creates a similar psychology for everyone struggling to manage with less than they need. Busy people fail to manage their time efficiently for the same reasons the poor and those maxed out on credit cards fail to manage their money. The dynamics of scarcity reveal why dieters find it hard to resist temptation, why students and busy executives mismanage their time, and why sugarcane farmers are smarter after harvest than before. Once we start thinking in terms of scarcity and the strategies it imposes, the problems of modern life come into sharper focus. Literatur & Belletristik Seelische & Geistige Gesundheit Sozialwissenschaften
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Many of us would manage our life and work better if we'd understand bandwidth tax.

Manage your bandwidth and listen to it! 😉

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It's a very interesting book supported by a wealth of research. The inherent relative nature of scarcity wasn't addressed though (scarcity only exists in comparison to others or to yourself in the past). I hope that an updated edition will also include this aspect of scarcity.

A very interesting new perspective

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I tried listening to this at double speed to avoid the tedium of the 'interesting' anecdotes. It is trying for a Malcom Gladwell style but comes across a partonising and written for simpletons. For example, I found out that when people have a deadline they are more focused and I also found out that when you have a very pressing matter on their mind, you forget other things and it alters your perception of the importance of other issues. Who'd thought it?

I didn't get much further than a quarter of the way through so maybe genius lurks beyond, but the tone and the anti-intellectual style was too irritating to continue listening.

Stating the bleedin' obvious

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the summary of fresh insights won't fill the back of a box of cornflakes. sorry ... that I bought it

a book like elevator music

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