The World's Best Book Summaries
What is price anchoring? Why is our idea of a reasonable price completely arbitrary? How can anchoring affect your future decisions? Price anchoring is the process of establishing a product’s price as “normal” and making it the benchmark by which you judge all other prices. These anchors are irrational and can stack up to more irrational decision-making in the future. Keep reading for more information about price anchoring.
Why can experiencing trauma in your teenage years actually lead to positive growth? Why do children and older people experience trauma differently? Our teenage years are when our self-narratives begin to coalesce. That’s why some teenage trauma, if properly overcome, can build character and resilience. In comparison, childhood trauma can lead to a negative affective style and adult trauma can lead to struggle. Keep reading to learn more about the benefits of overcoming teenage trauma.
What is dataism? What are the implications of an ideology based on the assumption that everything can be converted into data? The term dataism was first used by David Brooks to refer to the philosophical perspective that the universe consists of data streams and that everything—from music to human emotion—can be quantified. More recently, Yuval Noah Harari expanded the term to describe an ideology in which the value of everything is based on its data-processing capabilities. Keep reading to learn about dataism.
What is meant by inner energy? Where does it reside and how can you access it? When spiritual traditions talk about inner energy, they may call it by different names (e.g. Chi in Chinese medicine, Shakti in yoga, Spirit in the West), but they are referring to the same thing: the subtle energy that’s drawn from the inside of your being. Inner energy is always available to you if you don’t block it. Keep reading to learn about the source of inner energy, what happens when it gets blocked, and what you can do to unblock it.
What is the tragedy of the commons? How can mistrust in corporations lead to the mistrust of our peers? How can we work on becoming more trusting in the future? The tragedy of the commons is the concept that everybody shares common resources and if we all respect them, then everybody can prosper. But, inevitably, a minority of the population will take advantage of the trust system and ruin the commons for everybody. Companies everywhere do this to us every day and it causes inherent mistrust of others. Keep reading to learn what causes trust issues and what we can
How do you become a Multiplier? Is it possible to change from a Diminisher into a Multiplier? Most people aren’t Multipliers or Diminishers, they fall somewhere in between. However, anybody can become one. If you want to work on becoming a Multiplier, here are five accelerators to make the process happen faster. Keep reading for more information on becoming a Multiplier.
What is productive paranoia? Can being paranoid about the future of your business do you any good? There’s no telling what kind of unfortunate event is going to happen, but given an unstable, constantly changing world, disruptions are inevitable. When disaster strikes, there won’t be time to think—you need to act fast. This is where productive paranoia— comes in. Here is how productive paranoia can shield your business from sudden disruptions.
What is meant by an economic religion? Do you think capitalism can be considered a religion? According to Yuval Noah Harari, an Israeli public intellectual and a historian, we are living in the era of the economic religion of free-market capitalism. Although we don’t explicitly call capitalism a religion, it informs many of our ethical judgments as much as (if not more than) traditional religions do. Keep reading to learn about the concept of economic religion.
Why is building good habits like growing a plant? Why is consistency so important? When you’re trying to build better habits, it’s like planting a seed. Just a little bit of water every day can help the plant thrive and grow to unexpected places. But if you forget to water it, then it will wither away. Keep reading about how consistency is key in building good habits.
Are you looking for The Happiness Hypothesis quotes? Do you want explanations of Jonathan Haidt’s psychology of happiness? Here are six quotes from The Happiness Hypothesis with thorough explanations. These quotes represent the ideas of the main themes and concepts in the book. Continue on for the best quotes from The Happiness Hypothesis.