The World's Best Book Summaries
Who decides what news makes it to the press and what doesn’t? How can news gatekeepers skew the public’s perception of affairs? In their book Manufacturing Consent, authors Chomsky and Herman believe that the elite control the news and media. By deciding what issues to focus on, they manipulate the beliefs of the general public. Here’s how media plays into the elite’s agenda.
Do you have an emergency savings fund? Why is it important to plan for financial emergencies? Many people have the mindset of “it couldn’t happen to me.” But the truth is, sudden financial emergencies can happen to literally anybody—they’re unpredictable in their nature. That’s why it’s so important to start saving for emergencies, so you’re prepared for things to go wrong. Here’s why you should plan for things to go wrong.
Is Morgan Housel’s The Psychology of Money worth reading? What is the key message to take away from the book? Most of us assume financial success depends on education and intelligence. But in The Psychology of Money, finance expert Morgan Housel presents an alternate hypothesis: The key to financial success lies in understanding human behavior. Here’s our The Psychology of Money review, including background, context, and critical reception by the readers.
How does childhood conditioning shape our behavior in adulthood? Is it possible to shake off the weight of early conditioning? Childhood conditioning often weighs on people even in their adult years. This conditioning may leave some adults feeling like they don’t have the power to make their own choices in life. Luckily, this is a behavior growth obstacle that can be overcome. Here are four steps for developing autonomy in adults, according to psychiatrist Eric Berne.
Who controls for-profit media outlets? Should big news companies be trusted? For-profit media is by no means a new concept—it dates back to the 1800s. The problem is that for-profit media companies are taking over the smaller, independent news outlets, causing biased news coverage. Here’s why for-profit media can’t be trusted, according to the book Manufactured Consent.
How would you describe your relationship with money? Why do so many people act in so many different ways when it comes to money? According to Morgan Housel in his book The Psychology of Money, every person has a different relationship with money based on a few factors: what you live through, the financial climate, unemployment rates, etc. That’s why, no matter how much financial advice is out there, people will continue to act on what feels right to them. Here’s why subjective rationality plays a huge role in your views of money.
What is The Millionaire Fastlane by MJ DeMarco about? Which formula is the best to achieve financial freedom and wealth? In The Millionaire Fastlane, MJ DeMarco goes over the three common approaches to finances: consumption, accumulation, and production. DeMarco discusses each approach in detail and explains which approach is the best if you want to build wealth. Continue reading for an overview of the three formulas from The Millionaire Fastlane.
Are you an optimist or a pessimist when it comes to money? Why does financial optimism work better than financial pessimism? In his book The Psychology of Money, Morgan Housel says that you should remain optimistic when it comes to finances and investing, no matter what others say. He outlines three reasons why financial pessimism often seems like the smartest route but isn’t. Keep reading to learn why an optimistic view on finances and investments is beneficial.
What’s causing the journalism crisis? Why can’t for-profit journalism be trusted? These days, news media is, for the most part, nothing more than big business. And since journalists don’t want to write something that would insult those who pay their bills, they censor what news they share. This means that big media outlets can’t be trusted to share the whole story. Here’s why you should be careful where you get your news.
What is Eric Berne’s Games People Play about? How can you tell someone is playing a game on you? Games People Play is Berne’s 1964 classic about the many ways that we habitually relate to one another through “games.” These aren’t fun, harmless social games, though—they’re subtle, largely unconscious patterns that harm us and our relationships. Berne explains how most of us don’t even notice our games, and how we’re missing out on the fulfillment of game-free living. Keep reading to learn about Berne’s concept of “games” and why we play them.