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.