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#651 - Dr Mike Israetel - Can Money Actually Buy You Happiness?
Modern Wisdom
Dr. Mike Isritel discusses the Pessimistic Fallacy
Dr Mike Isritel explains the pessimistic fallacy, a cognitive bias where people are consistently wrong in perceiving the world. Most people are inexplicably pessimistic, thinking that things used to be better and that the future will be worse. Attempts to correct them are met with further skepticism. Understanding this fallacy is crucial to overcome pessimism and have a more realistic outlook on life.
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