Us humans have weak minds.
We stick to the status quo when we should be making a change.
We hardly ever change our minds, even when we're wrong.
We make terrible, and easily avoidable, financial choices.
And we're scared of sharks, even though 733X as many humans are killed by freshwater snails.
But it's not all bad news . . .
One of my favorite economists/philosophers, Tyler Cowen, has a great interview on the Ezra Klein Show, which I highly recommend.
At multiple points in the interview, they discuss status quo bias.
Status quo bias is exactly what it sounds like - an emotional bias in favor of the way things are.
The thing about status quo bias which is so . . .
My first job out of school was on a political campaign.
I always recommend campaigns to soon-to-be graduates because you quickly learn a bunch of general skills which are valuable and relevant across sectors. So even if you don't end up in politics, you will acquire skills which you can put to . . .
A Post-Election Reflection On Moving Forward
I almost didn’t post this.
Since the election, I’ve found myself writing down some reflections, in an attempt to clear my mind and gain perspective.
Mostly it has been a personal exercise, but I thought perhaps I could stitch together my disparate thoughts into something worth sharing.
But by the time I cobbled together . . .
A quick example of sunk costs:
Keeley and I just stopped at coffee shop, and she bought a coffee to go. Three minutes after we left, she had taken just two sips, and dumped it out.
"I realize I don't want this anymore."
She recognized that the $2.50 she paid for the coffee was a sunk cost.
She paid for it in the past, . . .
You don't love yourself enough or you'd love your nature too and what it demands of you.
- Marcus Aurelius, Meditations 5.1
Our nature demands that we get out of bed in the morning.
Our nature demands that we exert our bodies.
Our nature demands that we tackle hard challenges.
Our nature demands that we do our work, and . . .
At the end of Part 2: The Final Draft Fallacy, I shared the following formula:
High Impact Learning = Growth Mindset + Strategy + Discipline
This post is . . .