Jennifer Baez
@jenniferbaez
Jennifer Baez
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 moreJason Hickel • Degrowth can work — here’s how science can help
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 moreAdam Grant • Originals – Adam Grant
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 moreMorgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Psychology research is clear that the most reliable way to overcome psychological pain and discomfort is not to avoid it; it’s to gradually dimish the effects of discomfort by systematic exposure. “Avoiding triggers is a symptom of PTSD, not a treatment for it,” write Haidt and Lukianoff.
In other words, the more you face cognitive friction, the
... See moreForbes • How Psychological Safety Actually Works
Fifteen 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 moreMorgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
More than 2,000 books are dedicated to how Warren Buffett built his fortune. Many of them are wonderful. But few pay enough attention to the simplest fact: Buffett’s fortune isn’t due to just being a good investor, but being a good investor since he was literally a child.
As I write this Warren Buffett’s net worth is $84.5 billion. Of that, $84.2
... See moreMorgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
The lowest-income households in the U.S. on average spend $412 a year on lotto tickets, four times the amount of those in the highest income groups. Forty percent of Americans cannot come up with $400 in an emergency. Which is to say: Those buying $400 in lottery tickets are by and large the same people who say they couldn’t come up with $400 in an
... See moreMorgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Horizon Three is a presently held articulation of viable and desired potential futures, and the values they grow from, discovered as current seedlings of developing potential.