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The Psychology of Entrepreneurial Success
ByadminIn a recent post, I give you a flavor for Rich Cohen’s wonderful book The Fish That Ate the Whale. One of the things that struck me in reading his book was the psychology of entrepreneurial success. It is often difficult to be a superstar entrepreneur if you are realistic. Often the biggest successes in…
What Drives Me Crazy about the Popularity of Behavioral Economics
ByadminA recent article in the Minneapolis Star and Tribune, my former hometown newspaper, made the kind of statement that is all too common in popular reporting on behavioral economics: “The idea that we humans are not that smart comes from behavioral economics.” Really? Behavioral economics discovered stupidity? Irrationality? The limits of human intelligence? That is…
Broken Democracy
ByadminUntil recently, the state of North Carolina, where I live, was a bastion of political moderation, especially compared to our neighbors in the southeast. Our politics were moderate in part because the Democratic Party remained relatively strong in the state, and to survive in this region of the country had embraced center left, rather than…
On Reading Rick Atkinson's The Day of Battle
ByadminI don’t read much war history. I’m fascinated by what causes humans to end up in a state of war, but not so interested in the bloody details of how they fight their battles. Nevertheless, I thoroughly enjoyed The Day of Battle, a book by Pulitzer Prize winner Rick Atkinson. The book covers the war…
What is depression treatment worth?
ByadminHere is a news story on a new study I collaborated on with Dylan Smith, which shows that even when people realize how terribly awful it can be to suffer from depression, they don’t want to spend much money on treatments that would rid them of depression. A strange and disturbing finding!
More….Why Some Workers Settle for Boring Jobs
ByadminIs it difficult to push yourself each day to go to a boring job? If you are looking for a way out, consider how you got there in the first place. It may be that you chose that boring job over a more interesting one because you didn’t think alternative jobs would pay you enough for…