Scarcity: Why Having Too Little Means So Much Audiobook (Free)

In the blockbuster tradition of Freakonomics, a Harvard economist and a Princeton psychology professor team up to provide a surprising and empowering new way to check out everyday life, showing a paradigm-challenging examination of how scarcity-and our flawed responses to it-shapes our lives, our society, and our culture.

Why do successful people get factors done at the last minute? How come poverty persist? Why do organizations get stuck firefighting? Why do the lonely think it is hard to make about Scarcity: Why Having INADEQUATE Means A LOT friends? These queries seem unconnected, yet Sendhil Mullainathan and Eldar Shafir present they are all are examples of a state of mind made by scarcity.

Drawing on cutting-edge research from behavioral science and economics, Mullainathan and Shafir show that scarcity produces a similar psychology for everyone attempting to control with significantly less than they need. Busy people fail to manage their time efficiently for the same reasons the poor and the ones maxed from credit cards neglect to manage their cash. The dynamics of scarcity reveal why people think it is hard to resist temptation, why college students and busy professionals mismanage their period, and just why sugarcane farmers are smarter after harvest than before. Once we begin thinking in terms of scarcity as well as the strategies it imposes, the issues of modern lifestyle enter into sharper focus.