Categories:  'Economic Inequality'  

Scarcity Has Physiological and Psychological Effects

" In other words, diets do not just strain bandwidth because they leave us hungry. they have psychological, not just physiological, effects. The basic insight [...]

In other words, diets do not just strain bandwidth because they leave us hungry. they have psychological, not just physiological, effects.

The basic insight extends well beyond the experience of calorie counting. Something similar happens whenever we make do with less,a s when we feel that we have too little time, or too little money. Just as the cookie tugs at the dieter, a looming deadline preoccupies a busy person, and the prospect of a painful rent payment shatters the peace of the poor. Just as dieters constantly track food, the hyper-busy track each minute and the poor track each dollar…

If a cookie can tax our mental resources, imagine how much more psychological impact other forms of scarcity can have.

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Articles

Publication Date: 13/06/2015
Source: The New York Times
Author: Gretchen Morgenson
Publication Date: 28/12/2015
Source: The New York Times
Author: Alexandra Stevenson and Matthew Goldstein
Publication Date: 06/11/2015
Source: The New York Times
Author: Gretchen Morgenson
Publication Date: 21/09/2013
Source: The New York Times
Author: Sendhil Mullainathan