Scarcity Explains it All

Thursday, September 05, 2013

Using behavioral science, Eldar Shafir, psychology and public affairs professor at Princeton University and the co-author with Sendhil Mullainathan of Scarcity: Why Having Too Little Means So Much (Times Books, 2013), discusses why strategies for coping with scarcity explain the persistence of poverty, obesity, procrastination, and even loneliness.

Excerpt: Scarcity: Why Having Too Little Means So Much

From the book Scarcity: Why Having Too Little Means So Much. Copyright (c) 2013 by Eldar Shafir and Sendhil Mullainathan. Reprinted by permission of Times Books. All rights reserved.


Eldar Shafir

Comments [3]

Fuva from Harlemworld

The author is explaining
-- The autocatalysis of advantage and disadvantage; why the Horatio Alger phenomenon has been rare in US history.
-- The ripple effects of poverty (not to mention socioeconomic exclusion...)
Understanding such key socioeconomic and psychosocial phenomena is critical to progress in this country/ world.

Sep. 05 2013 11:42 AM
antonio from baySide

I was hit pretty hard in the depression, but strangely it has caused me to work harder;
I moved into a new industry, got a job and run a lot more, also I am studying (javaScript) after work when ever I have a moment...

But to be honest all this worrying about recouping everything is exhausting...

Sep. 05 2013 11:33 AM

Aside from WW2 the Depression left a heavy psychic burden, not just on that generation but on (us) post-war "boomers" as well. A (veteran) uncle was diagnosed with Delusions of Pauperization which stemmed as much from his experience before the war. Would the quest comment of this phenomenon?

Sep. 05 2013 10:13 AM

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