A longer time horizon creates the conditions for abundance

In their book Scarcity, Eldar Shafir and Sendhil Mullainathan suggest that scarcity often starts with abundance.  Imagine you have a deadline next week. That’s plenty of time to do the task—abundance—so you figure you’ll do it later.  Eventually, you forget about it, and you only remember the day of the deadline. Now there’s scarcity: you … Continue reading A longer time horizon creates the conditions for abundance