Scarcity

The True Cost of Not Having Enough
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( 7,325 ratings, 966 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
In Scarcity by Eldar Shafir and Sendhil Mullainathan, the authors explore how scarcity, whether of time, money, or resources, affects our brains and decision-making processes. They delve into the psychology behind why living in a state of scarcity can trap individuals and societies in cycles that are difficult to break. This self-help book provides insights into tackling these challenges by changing how we manage and perceive scarcity.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you're curious about understanding how scarcity impacts decision-making and behaviour in various aspects of life. It offers intriguing insights into why people struggle with managing time and resources and provides practical strategies for overcoming these challenges. Ideal for those interested in personal development and improving their efficiency and productivity.

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Scarcity

Why can we never seem to keep on top of our workload, social diary or chores? Why does poverty persist around the world? Why do successful people do things at the last minute in a sudden rush of energy? This book reveals that the hidden side behind all these problems is that they're all about scarcity.

Economist Sendhil Mullainathan and psychologist Eldar Shafir reveal that the hidden side behind all these problems is that they're all about scarcity. Using the new science of scarcity, they will change the way you think about both the little everyday tasks and the big issues of global urgency.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Economist Sendhil Mullainathan and psychologist Eldar Shafir reveal that the hidden side behind all these problems is that they're all about scarcity. Using the new science of scarcity, they will change the way you think about both the little everyday tasks and the big issues of global urgency.

Sendhil Mullainathan, the 'most interesting young economist in the world', and Eldar Shafir, the 'most brilliant psychologist' of his generation, explain the hidden problem behind everything with Scarcity. Why can we never seem to keep on top of our workload, social diary or chores? Why does poverty persist around the world? Why do successful people do things at the last minute in a sudden rush of energy?

Here, economist Sendhil Mullainathan and psychologist Eldar Shafir reveal that the hidden side behind all these problems is that they're all about scarcity. Using the new science of scarcity, they explain why obesity is rampant; why people find it difficult to sleep when most sleep deprived; and why the lonely find it so hard to make friends. Scarcity will change the way you think about both the little everyday tasks and the big issues of global urgency.

'Stars in their respective disciplines, and the combination is greater than the sum of its parts. Their project has a unique feel to it- it is the finest combination of heart and head that I have seen in our field' - Daniel Kahneman, author of Thinking, Fast and Slow

'Scarcity is a captivating book, overflowing with new ideas, fantastic stories, and simple suggestions that just might change the way you live' - Steven D. Levitt, coauthor of Freakonomics

'An ultimately humane and very welcome book' - Oliver Burkeman, Guardian

Sendhil Mullainathan is a Professor of Economics at Harvard, and a recipient of a MacArthur Foundation "genius grant". He conducts research on development economics, behavioural economics, and corporate finance. He is Executive Director of Ideas 42, Institute of Quantitative Social Science, Harvard University.

Eldar Shafir is William Stewart Tod Professor of Psychology and Public Affairs at Princeton University. Most of his work focuses on descriptive analyses of inference, judgment, and decision making, and on issues related to behavioural economics.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Scarcity by Eldar Shafir and Sendhil Mullainathan receives praise for its insightful blend of behavioural economics and psychology, offering a captivating exploration of how scarcity impacts human life. The book is noted for its originality, readability, and intriguing insights, effectively linking diverse real-world examples under a unified theory. Renowned figures in their fields commend its combination of storytelling and practical suggestions, highlighting its potential to transform one's perspective on everyday challenges.

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Book Details

INFORMATION

ISBN: 9780141049199

Publisher: Penguin Books Ltd

Format: Paperback / softback

Date Published: 04 September 2014

Country: United Kingdom

Imprint: Penguin Books Ltd

Audience: Tertiary education, Professional and scholarly

DIMENSIONS

Spine width: 13.0mm

Width: 130.0mm

Height: 196.0mm

Weight: 227g

Pages: 304

About the Author

Sendhil Mullainathan is a Professor of Economics at Harvard, and a recipient of a MacArthur Foundation 'genius grant'. He conducts research on development economics, behavioural economics, and corporate finance. He is Executive Director of Ideas 42, Institute of Quantitative Social Science, Harvard University. Eldar Shafir is William Stewart Tod Professor of Psychology and Public Affairs at Princeton University. Most of his work focuses on descriptive analyses of inference, judgement, and decision making, and on issues related to behavioural economics.

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