Thomas Paine on the Cost of Liberty
Powerful words from Thomas Paine, spoken September 11, 1777:
“Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it.”
Powerful words from Thomas Paine, spoken September 11, 1777:
“Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it.”
In many ways, Jeremy Bentham was all about equality. As the father of utilitarianism, he believed that all social policy should be designed to maximize the happiness and pleasures of humans’ experience while minimizing the pains and miseries. And in espousing this theory of justice, he didn’t distinguish between upper class and lower class and…
As someone who has been working in the field of behavioral economics for a couple decades now, I have long been aware of what psychologists call “the availability heuristic.” This was a phenomenon described by Kahneman and Tversky in some of their seminal research from the early 1970s. I recently came across a nice example…
Here are some details on a live web chat I’m having on Friday. Feel free to send in some fun questions.
Here 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….
People often show an amazing ability to emotionally recover from difficult circumstances. I devoted my second book, You’re Stronger Than You Think, to this topic. Now comes some really cool research, showing that people’s ability to bounce back from adversity depends, not all that surprisingly, on their underlying personality traits. Although this result is not…
I remember one time having a conversation with Daniel Kahneman, one of the founders of behavioral economics, about the topic of happiness and emotional adaptation, in the context of chronic disability. We were discussing emotional impact of experiencing a limb amputation. Kahneman pointed out that it is the loss of the limb that is really…