Jennifer Baez
@jenniferbaez
Jennifer Baez
@jenniferbaez
systems thinking and
With it comes something that often goes overlooked: Do not aim to be coldly rational when making financial decisions. Aim to just be pretty reasonable. Reasonable is more realistic and you have a better chance of sticking with it for the long run, which is what matters most when managing money.
The Gaia Theory sees planets, at least the Earth, as more than just balls of rocks and mud. They don’t think that Earth has life on it. They theorize that Earth is life itself — it’s living. The Gaia theory states that living things and all their non-living and inorganic surroundings evolve together as a single complex living organism. This
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Luck and risk are both the reality that every outcome in life is guided by forces other than individual effort. They are so similar that you can’t believe in one without equally respecting the other. They both happen because the world is too complex to allow 100% of your actions to dictate 100% of your outcomes. They are driven by the same thing:
... See moreThe hardest thing about this was that I loved the work. And I wanted to work hard. But doing something you love on a schedule you can’t control can feel the same as doing something you hate. There is a name for this feeling. Psychologists call it reactance. Jonah Berger, a marketing professor at the University of Pennsylvania, summed it up well:
... See morePeople who suffer the most from a given state of affairs are paradoxically the least likely to question, challenge, reject, or change it." To explain this peculiar phenomenon, Jost's team developed a theory of system justification. Its core idea is that people are motivated to rationalize the status quo as legitimate-even if it goes directly
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