Jennifer Baez
@jenniferbaez
Jennifer Baez
@jenniferbaez
People 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
... See more“Once a core belief is formed, you engage in what’s called a confirmation of bias; information that does not conform to your beliefs is discarded or ignored in favor of information that does.”

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.
Balancing the national economy will require new macro-economic models that combine economic, financial, social and ecological variables. Models such as LowGrow SFC (developed by T.J. and P.A.V.), EUROGREEN and MEDEAS are already being used to project the impacts of degrowth policies, including redistributive taxes, universal public services
... See moreFifteen billion people were born in the 19th and 20th centuries. But try to imagine how different the global economy—and the whole world—would be today if just seven of them never existed:
Adolf Hitler
Joseph Stalin
Mao Zedong
Gavrilo Princip
Thomas Edison
Bill Gates
Martin Luther King
Another way to put this is that 0.00000000004% of people were
... See more