The World's Best Book Summaries
How do people make moral choices? What is the key factor that determines whether people will do the right thing, ethically speaking? In psychology, morality is a subject that has been studied extensively. One of the key influences on people’s moral decisions seems to be distance—how far or close they are to the situation both physically and emotionally. Keep reading to learn about the psychology of morality.
Are you looking for Trading in the Zone quotes by Mark Douglas? What are some of the most noteworthy passages worth revisiting? In his book Trading in the Zone, Mark Douglas argues that winning in trading is a matter of your mindset. If you have a fear-based mindset—that is, you focus on avoiding risk—you’ll never achieve success in trading. If you are serious about becoming a profitable trader, you must overcome the fear-based mindset and adopt the winning mindset, focusing on making gains. Below is a selection of quotes with explanations.
What is Kate Raworth’s book Doughnut Economics about? What is the key message to take away from the book? In her book Doughnut Economics, Kate Raworth argues that traditional economic theory has been too focused on the economy as a measure of GDP, income, and output. Raworth proposes redefining how economics is taught and the role that economists play in shaping public policy, shifting from a growth-centered approach to a human-centered approach that harnesses the power of economics for the betterment of humanity. Below is a brief overview of Doughnut Economics by Kate Raworth.
What is the meaning of “loonshots”? What are some examples of loonshot ideas? Loonshots are ideas that are so original and ambitious that they and their creators are initially dismissed as crazy (e.g. radar, insulin, computer animation). Loonshots begin as flawed, incredibly fragile ideas that almost don’t make it, which is why they require special care. Here’s why loonshots are so fragile as well as why organizations tend to leave loonshots behind as they grow.
How does poverty affect entrepreneurship? How does running a business—paradoxically enough—keep people in the poverty trap? It’s not uncommon for the poor to run their own businesses. However, running a business seldom helps them escape the poverty trap. This is because the poor choose not to invest in their businesses because they have little means to do so. Furthermore, the poor generally don’t want to run their own businesses—they often do so because they don’t have any other options to make a living. Here’s a look at poverty and entrepreneurship.
Does free will exist? Do you believe that your behavior is the manifestation of fate or free will? Most people believe their behavior and decisions stem from their conscious choice. The idea of free will is an attractive one, but some scientists maintain that it is an illusion. Here’s why free does not exist, according to Behave author Robert Sapolsky.
Why do some people achieve consistent success as financial traders while others fail? Do the successful few have special insider knowledge? Better trading strategies? Astounding good luck? In his book Trading in the Zone, Mark Douglas says one factor distinguishes successful traders: a winning mindset. To achieve consistent trading success, Douglas says, we need to train ourselves to think differently, and he shows us how. Below is a brief overview of Trading in the Zone by Mark Douglas.
How should you break your fast? What foods should you avoid eating after ending your fast? When it comes to breaking your fast, don’t be too strict on yourself. As much as possible, opt for unprocessed or minimally processed foods. But since fasting is quite hard psychologically, you should allow yourself some treats every now and then. Here are some things to keep in mind when breaking your fast.
Does intermittent fasting really work for weight loss? How long does it take to start seeing results? Intermittent fasting is a proven weight loss strategy. Unlike traditional dieting, intermittent fasting doesn’t require you to obsess over counting calories—you simply don’t eat for a certain period of time. However, you won’t start seeing immediate results—it takes a while for the body to adapt to the IF schedule. Here are some intermittent fasting tips for successful weight loss.
What’s a distributive economy? What are the dangers in entrusting the distribution of the money supply to private commercial banks? A distributive economy promotes an equitable distribution of the money supply. In a capitalist economy, the money supply is distributed by private banks, which gives banks too much power. In a distributive economy, government-backed financial institutions take the role of private banks. Here’s why we should democratize money, according to Kate Raworth.