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Sendhil Mullainathan, Eldar Shafir: Scarcity: Why Having Too Little Means So Much

Sendhil Mullainathan, Eldar Shafir: Scarcity: Why Having Too Little Means So Much

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An unexpected and fascinating investigation of how scarcity—and our faulty reactions to it—affects our lives, society, and culture.

Why do accomplished individuals complete tasks at the last minute? What causes poverty to endure? Why do companies get caught up in combating fires? Why is it difficult for the lonely to establish friends? Although these issues appear unrelated, Sendhil Mullainathan and Eldar Shafir demonstrate that they are all manifestations of a mindset brought on by scarcity.

Mullainathan and Shafir demonstrate that everyone who is trying to get by with less than they need has a comparable psychology based on the most recent findings in behavioral science and economics. For the same reasons that the underprivileged and those with maxed-out credit cards struggle to manage their finances, busy individuals also struggle to manage their time effectively. The dynamics of scarcity explain why dieters struggle to avoid temptation, why busy executives and students waste time, and why sugarcane growers become more shrewd after harvest. The issues of contemporary existence become more apparent as we begin to consider scarcity and the tactics it imposes.
Mullainathan and Shafir talk about how scarcity impacts our daily lives while sharing personal experiences and intriguing links that make the study come to life. Their book explains not just how scarcity misleads us but also how people and organizations may better manage scarcity for greater enjoyment and success. It offers a fresh way of understanding why the impoverished stay poor and the busy keep busy.

Self Help – Self Help online course

More information about Self Help:

Self-help or self-improvement is a self-guided improvementóeconomically, intellectually, or emotionallyóoften with a substantial psychological basis.
Many different self-help group programs exist, each with its own focus, techniques, associated beliefs, proponents and in some cases, leaders.
Concepts and terms originating in self-help culture and Twelve-Step culture, such as recovery, dysfunctional families, and codependency have become firmly integrated in mainstream language.

Self-help often utilizes publicly available information or support groups, on the Internet as well as in person, where people in similar situations join together.
From early examples in self-driven legal practice and home-spun advice, the connotations of the word have spread and often apply particularly to education, business,
psychology and psychotherapy, commonly distributed through the popular genre of self-help books.
According to the APA Dictionary of Psychology, potential benefits of self-help groups that professionals may not be able to provide include friendship,
emotional support, experiential knowledge, identity, meaningful roles, and a sense of belonging.

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