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 4,4

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PDF Scarcity: Why Having Too Little Means So Much with FREE MOBI EDITION Download Now!

A surprising and intriguing examination of how scarcity—and our flawed responses to it—shapes our lives, our society, and our cultureWhy 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 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.

At this time of writing, The Audiobook Scarcity: Why Having Too Little Means So Much has garnered 8 customer reviews with rating of 5 out of 5 stars. Not a bad score at all as if you round it off, it’s actually a perfect TEN already. From the looks of that rating, we can say the Audiobook is Good TO READ!

PDF Scarcity: Why Having Too Little Means So Much with FREE MOBI EDITION!

The authors' basic point seems to be that scarcity of time or money leads to diminished "bandwidth" (ability of the mind to hold information in the forefront of consciousness) and therefore "tunneling," (the intense focus on what is most immediate or important and the neglect of other issues). The authors' tone is engaging with lots of anecdotes and jokes (presumably to appeal to their undergrad students) and their thesis is supported by the usual hit parade of social science research dealing with decision making. It is hard to know how valid a lot of this research really is and whether you are persuaded by the authors will probably depend on your views going in. One of the authors' main points is that some of poverty is a function of reduced ability to concentrate because of the stress of life. But whether this is a major factor is unaddressed. The authors' recommendations that they believe follow from their conclusions are haphazard and leave the reader shrugging his shoulders. The book only takes a couple of hours to read but whether that time was well spent was to me, now having finished the book, unclear.

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