The Psychology of Scarcity & Abundance - Part 4: The Necessity of Waste: Why Slack Saves You30 January 2024·322 words·2 minsHuman Systems and Behavior Slack Resources Trade-Off Thinking Decision-Making Abundance Psychology Behavioral-Economics Decision-Making and Bias Consumer Psychology Social DynamicsDiscover how abundance provides 'slack' that enables better decision-making and why the poor often make wiser economic choices.
The Psychology of Scarcity & Abundance27 January 2024·779 words·4 minsHuman Systems and Behavior Scarcity Mindset Abundance Psychology Cognitive Bandwidth Behavioral-Economics Decision-Making Decision-Making and Bias Consumer Psychology Social DynamicsHow perception of resources shapes economic behavior from hunter-gatherers to digital abundance. We are the only species that creates artificial scarcity in an age of abundance.