"Scarcity: Why Having Too Little Means So Much" - by Sendhil Mullainathan, Eldar Shafir.
Access to scarce resources induces a particular scarcity mindset, which the authors -- both behavioural economists at Harvard and MIT respectively -- show with a large variety of
well-chosen examples.
The kicker is that time is one of those resources. In other words, I may be economically well-off, but if I'm short of time, I adopt the same scarce mindset that poor people (poor in money terms). I fritter away my time, I don't save it and so on. This book really showed me to deal with my time as carefully as I deal with my money. Great read, of the Freakonomics kind.
Access to scarce resources induces a particular scarcity mindset, which the authors -- both behavioural economists at Harvard and MIT respectively -- show with a large variety of well-chosen examples.
The kicker is that time is one of those resources. In other words, I may be economically well-off, but if I'm short of time, I adopt the same scarce mindset that poor people (poor in money terms). I fritter away my time, I don't save it and so on. This book really showed me to deal with my time as carefully as I deal with my money. Great read, of the Freakonomics kind.