Kaustubh Sule

Thus, for those who believed pain was a form of divine justice, attempts to alleviate it were fundamentally immoral and strongly resisted. The power of such thinking became dramatically clear when debates arose in the 1840s over the morality of giving anesthesia to women during childbirth.

Indeed, priming studies can be notoriously difficult to replicate: bring any attention at all to the priming mechanism, and you’ll likely find the effect go down to zero. When we are aware of the reason for our action, it stops influencing us: we now have something else to which to attribute whatever emotions or thoughts may have been activated, an

The outside view and the risk policy are remedies against two distinct biases that affect many decisions: the exaggerated optimism of the planning fallacy and the exaggerated caution induced by loss aversion.

Deflation is far worse than inflation

An inflationary environment has the opposite effect when considering previously accumulated debt. In outright Dollar terms, rising wages and revenues can more easily cover interest payments. This is referred to as ‘inflating away debt’. Obviously living costs also increase, but after a few years of more brisk

Base rates—or the frequency of something in a general population—matter when it comes to asking the right questions.

He is merely exchanging a more liquid form of asset or credit for a less liquid form.

why tomorrow’s economy will prize wisdom workers. Let’s dive into their three core skills: emotional clarity, discernment, and connection.

This policy of remembering and honouring the names of his friends and business associates was one of the secrets of Andrew Carnegie’s leadership.

If you want to improve your memory and concentration, you need to create a belief system that supports them.