Scarcity -a book review
I started reading this during the summer and I have LOVED it! It has been one ah-ha experience after another. I’ve found that I have changed the way that I think about time, money, stuff -just about anything and everything. Mostly, it has made me more gracious and appreciate life a little bit more deeply.
“In this provocative book based on cutting-edge research, Sendhil Mullainathan and Eldar Shafir show that scarcity creates a distinct 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 the same sugarcane farmers are smarter after harvest than before.”
Highly recommend Scarcity by Sendhil Mullainathan and Eldar Shafir.
Quote from the summary of Scarcity on Amazon.com.