#127 - Koen Smets - The Behavioural Economics Of How We Spend Our Time
Modern Wisdom
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The Value of Time: Perceptions and Implications
This chapter explores the psychological implications of how people perceive time and money, particularly in the context of spending and charitable giving. It discusses the significant differences in how individuals value their time compared to monetary donations, highlighting the importance of time as a precious resource in personal and professional settings. The chapter also delves into the dynamics of employee-employer relationships and the consequences of misvaluing time in the workplace.
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