Loss Aversion | Frankly #25
The Great Simplification with Nate Hagens
00:00
Loss Aversion, Your Risk Stick
Loss aversion also shapes our cultural stories and our paths like the Green New Deal. As a culture we're not willing to give up anything that we've become accustomed to possessing. And finally I think knowing about loss aversion perhaps shifting one's definition of self worth away from material net worth could be a great adaptive strategy, not to mention true.
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