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Pole

The Real Crisis? We Stopped Being Wise

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Great stuff directly related to where we are in relation to economy and society:

Barry Schwartz makes a passionate call for "practical wisdom" as an antidote to a society gone mad with bureaucracy. He argues powerfully that rules often fail us, incentives often backfire, and practical, everyday wisdom will help rebuild our world.

In his 2004 book The Paradox of Choice, Barry Schwartz tackles one of the great mysteries of modern life: Why is it that societies of great abundance -- where individuals are offered more freedom and choice (personal, professional, material) than ever before -- are now witnessing a near-epidemic of depression? Conventional wisdom tells us that greater choice is for the greater good, but Schwartz argues the opposite: He makes a compelling case that the abundance of choice in today's western world is actually making us miserable.

Infinite choice is paralyzing, Schwartz argues, and exhausting to the human psyche. It leads us to set unreasonably high expectations, question our choices before we even make them and blame our failures entirely on ourselves. His relatable examples, from consumer products (jeans, TVs, salad dressings) to lifestyle choices (where to live, what job to take, who and when to marry), underscore this central point: Too much choice undermines happiness.

Edited by Pole

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That was really good, thanks.

Mr Schwartz or looking at naked ladies?

Seriously most of my casual clothes come from Costco these days as the choice is limited and it does save a lot of aggro.

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That was really good, thanks.

Here's a more detailed talk he delivered to the Google people.

He seems to be confirming most of my observations that less is more.

Now, I understand why shopping centres and big supermarkets are making me feel so depressed.

Even choosing the right parking space at a big empty car park is a drag!

http://video.google.com/videoplay?docid=6127548813950043200#

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  • 145 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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