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Download Scarcity: Why Having Too Little Means So Much Audiobook

Extended Audio Sample Scarcity: Why Having Too Little Means So Much, by Eldar Shafir, Sendhil Mullainathan Click for printable size audiobook cover
0 out of 50 out of 50 out of 50 out of 50 out of 5 0.00 (0 ratings) (rate this audio book) Author: Eldar Shafir, Sendhil Mullainathan Narrator: Robert Petkoff Publisher: Simon & Schuster Audio Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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A surprising and intriguing examination of how scarcity, and our flawed responses to it, shapes our lives, our society, and our culture.

Why do successful people get things done at the last minute? Why does poverty persist? Why do organizations get stuck firefighting? Why do the lonely find it hard to make friends? These questions seem unconnected, yet Sendhil Mullainathan and Eldar Shafir show that they are all are examples of a mind-set produced by scarcity.

Drawing on cutting-edge research from behavioral science and economics, Mullainathan and Shafir show that scarcity creates a similar psychology for everyone struggling to manage with less than they need. Busy people fail to manage their time efficiently for the same reasons the poor and those maxed out on credit cards fail to manage their money. The dynamics of scarcity reveal why dieters find it hard to resist temptation, why students and busy executives mismanage their time, and why sugarcane farmers are smarter after harvest than before. Once we start thinking in terms of scarcity and the strategies it imposes, the problems of modern life come into sharper focus.

Mullainathan and Shafir discuss how scarcity affects our daily lives, recounting anecdotes of their own foibles and making surprising connections that bring this research alive. Their book provides a new way of understanding why the poor stay poor and the busy stay busy, and it reveals not only how scarcity leads us astray but also how individuals and organizations can better manage scarcity for greater satisfaction and success.

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Quotes & Awards

  • “The authors support their lucid, accessible argument with a raft of intriguing research in psychology and behavioral economics…and apply it to surprising nudges that remedy everything from hospital overcrowding to financial ignorance. Mullainaithan and Shafir present an insightful, humane alternative to character-based accounts of dysfunctional behavior, one that shifts the spotlight from personal failings to the involuntary psychic disabilities that chronic scarcity inflicts on everyone.”

    Publishers Weekly

  • “Narrating these empowering insights, Robert Petkoff gives us the audio trifecta: crisp diction, flawless phrasing, and exceptional resonance with these dramatic insights. His enthusiasm fits well with this incisive writing, and he knows how to keep long sentences orderly and tease listeners with the authors’ reasoning.”

    AudioFile

  • “Scarcity is a captivating book, overflowing with new ideas, fantastic stories, and simple suggestions that just might change the way you live.”

    Steven D. Levitt, coauthor of Freakonomics

  • “Here is a winning recipe. Take a behavioral economist and a cognitive psychologist, each a prominent leader in his field, and let their creative minds commingle. What you get is a highly original and easily readable book that is full of intriguing insights. What does a single mom trying to make partner at a major law firm have in common with a peasant who spends half her income on interest payments? The answer is scarcity. Read this book to learn the surprising ways in which scarcity affects us all.”

    Richard H. Thaler, coauthor of Nudge

  • Winner of the AudioFile Earphones Award
  • A Publishers Weekly Bestseller
  • A 2013 Financial Times Best Book of the Year Nominee
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