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#746 - Morgan Housel - 12 Unexpected Laws Of Human Psychology

Modern Wisdom

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The Psychology of Incentives and Human Behavior

This chapter examines how incentives profoundly shape human actions, exploring the potential for rationalizing immoral behavior in challenging contexts like financial crises and historical atrocities. It delves into the psychological dynamics of cognitive dissonance, personal growth, and long-term thinking, particularly in high-pressure environments. Through various examples, the discussion highlights the complexities of decision-making and the often-overlooked psychological factors influencing success and relationships.

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