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21- Scarcity: Why having too little means so much
Season 1 · Episode 21

21- Scarcity: Why having too little means so much

The psychology of scarcity explores how people's minds are less efficient when they feel they lack something — whether it is money, time, calories or even companionship. Being poor requires so much mental energy that those with limited means are more l...

The Conscious Economics Podcast · Rhiannon Rosalind

November 24, 202122m 13s

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Show Notes

The psychology of scarcity explores how people's minds are less efficient when they feel they lack something — whether it is money, time, calories or even companionship. Being poor requires so much mental energy that those with limited means are more likely to make mistakes and bad decisions than those with bigger financial cushions. In this episode, we discuss the book “Scarcity: Why Having Too Little Means So Much” as we dive into the impacts of scarcity.
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