Which people tend to be more zero-sum? In general respondents who are in urban areas, younger, with lower income or lower educational achievements. Zero-sum thinking also varies by state: respondents in Utah are the least zero-sum; those in NY are among the most zero-sum. 7/23 https://t.co/uoJ8wR7N4f
so at least some of the observed income segregation is the result of recent residential choices.
We're a long way from post-scarcity, which means conspicuous consumption is still a reliable signal across many parts of the world, and in lower socioeconomic groups within rich countries. But it is weakening relative to other signals, especially among the type of people likely to be reading this book, and this trend will continue. As money becomes
... See moreWe in the United States are failing to produce the conditions necessary for the growth of Internal Locus of Control. In fact, our failure to do so is stunning. Consider an epic study completed in 2004 by Jean Twenge, Liqing Zhang, and Charles Im from San Diego State and Case Western Reserve Universities.12 They collected thousands of LOC scores fro
... See moreThe simplifiers’ footprint was almost a quarter (23 percent) lower than among a random matched sample. (The simple livers also reported significantly higher well-being than the random sample.)
The above two cases illustrate a fundamental distinction among games: It is important to know whether or not the sum of the payoffs, counting winnings as positive and losses as negative, to all players is zero. If it is, the game is known as a zero-sum game. If it is not, the game is known (mathematicians are not very imaginative at times) as a non
... See morewhen people felt poor, they tilted to the fast end of the fast-slow trade-off, preferring immediate gratification. But when they felt relatively rich, they took the long view.
