A surprising and intriguing 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 mind-set 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. Mullainathan and Shafir discuss how scarcity affects our daily lives, recounting anecdotes of their own foibles and making surprising connections that bring this research alive. Their book provides a new way of understanding why the poor stay poor and the busy stay busy, and it reveals not only how scarcity leads us astray but also how individuals and organizations can better manage scarcity for greater satisfaction and success.
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by Robert Mnookin
by Kresley Cole
by Dale Carnegie and Associates, Inc.
"Narrating these empowering insights, Robert Petkoff gives us the audio trifecta: crisp diction, flawless phrasing, and exceptional resonance with these dramatic insights. His enthusiasm fits well with this incisive writing, and he knows how to keep long sentences orderly and tease listeners with the authorsÕ reasoning. Scarcity reduces our bandwidth (mental acuity and intentionality) because it activates unconscious brain forces that make it hard to think clearly and act in our best interest. This negative energy is powerful, but the authors say it can be understood and managed with simple interventions. Instead of staying in a cycle of blaming ourselves for our poor decisions and shortsightedness, they show how to arrange our lives so we can optimize mental capacity and get more of what we want from life. T.W. Winner of AudioFile Earphones Award © AudioFile 2014, Portland, Maine"
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