

#3548
Mentioned in 13 episodes
Scarcity
Why Having Too Little Means So Much
Book • 2013
In this book, Sendhil Mullainathan and Eldar Shafir reveal that scarcity, whether of time, money, or social connections, creates a similar psychology for everyone struggling to manage with less than they need.
The authors discuss how scarcity leads to tunnel vision, reduces cognitive bandwidth, and affects decision-making.
They provide examples such as why busy people mismanage their time, why dieters struggle with temptation, and why poverty persists.
The book also offers insights into how individuals and organizations can better manage scarcity for greater satisfaction and success.
The authors discuss how scarcity leads to tunnel vision, reduces cognitive bandwidth, and affects decision-making.
They provide examples such as why busy people mismanage their time, why dieters struggle with temptation, and why poverty persists.
The book also offers insights into how individuals and organizations can better manage scarcity for greater satisfaction and success.
Mentioned by




















Mentioned in 13 episodes
Mentioned by
Jens Ludwig when discussing the impact of scarcity on mental bandwidth and decision-making.


46 snips
Why Is One Chicago Neighborhood Twice as Deadly as Another?
Mentioned by Michael Mauboussin in the context of decision-making under duress.

BONUS – Michael Mauboussin on the Decision Education Podcast
Mentioned by Jocelyn Glei to illustrate the effects of time scarcity on decision-making and the importance of creating white space in one's schedule.

A Radical Approach to Productivity, Self-Compassion Series, Jocelyn K. Glei
Recommended by Raj Chetty for its insights into the psychological challenges faced by low-income families.

Can Raj Chetty save the American dream?
Mentioned by Ezra Klein as the main topic of discussion, focusing on how scarcity affects the brain and decision-making.

The cognitive cost of poverty (with Sendhil Mullainathan)