7 Deadly Sins: Envy

In 'The Psychology of Money,' Morgan Housel delves into the psychological and emotional aspects of financial decisions. The book consists of 19 short stories that illustrate how personal history, worldview, emotions, and biases influence financial outcomes. Housel emphasizes the importance of behavior over knowledge in managing money, highlighting the power of compounding, the dangers of greed, and the pursuit of happiness beyond mere wealth accumulation. He advocates for a frugal lifestyle, long-term perspective, and a balanced approach to investing, stressing that financial success is more about mindset and discipline than about technical financial knowledge.

In 'The Anxious Generation', Jonathan Haidt examines the sudden decline in the mental health of adolescents starting in the early 2010s. He attributes this decline to the shift from a 'play-based childhood' to a 'phone-based childhood', highlighting mechanisms such as sleep deprivation, attention fragmentation, addiction, loneliness, social contagion, and perfectionism that interfere with children’s social and neurological development. Haidt proposes four simple rules to address this issue: no smartphones before high school, no social media before age 16, phone-free schools, and more opportunities for independence, free play, and responsibility. The book offers a clear call to action for parents, teachers, schools, tech companies, and governments to restore a more humane childhood and end the epidemic of mental illness among youth.

Set in the closing months of World War II, 'Catch-22' is a satirical novel that follows the story of Captain John Yossarian, a bombardier stationed on the island of Pianosa off the coast of Italy. The novel explores the absurdity and inhumanity of warfare through Yossarian's attempts to escape his flying duties, thwarted by the bureaucratic rule known as 'Catch-22'. This rule creates a paradox where a man is considered insane if he willingly continues to fly dangerous missions, but if he requests to be relieved of duty, he is proven sane and thus ineligible for relief. The novel is known for its nonchronological structure, circular reasoning, and its critique of military bureaucracy and the illogical nature of war.