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Scarcity

Why Having Too Little Means So Much
in: Sociology
Summary:

The book explores how scarcity of resources like time, money, and attention impacts cognitive capacity and decision-making, leading to a "scarcity mindset" that can perpetuate cycles of lack and poor choices. It presents evidence from various studies and suggests that understanding the psychology of scarcity can inform more effective policies and personal decisions.

Key points:

1. Scarcity Mindset: The book discusses the "scarcity mindset," a state of mind when people feel they lack something, leading to a narrow focus on immediate needs.

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