Showing posts tagged best thing i read today

Speaking of Taxes, a Tax on Saving?

From Bob Cringley’s Motivating Miss Daisy

“It’s ass-backward, I know, but it would work. Give rich people a short term incentive to spend like poor people, then phase it out over time.”

(Reblogged from nickdouglas)
Economic Man makes logical, rational, self-interested decisions that weigh costs against benefits and maximize value and profit to himself. Economic Man is an intelligent, analytic, selfish creature who has perfect self-regulation in pursuit of his future goals and is unswayed by bodily states and feelings. And Economic Man is a marvelously convenient pawn for building academic theories. But Economic Man has one fatal flaw: he does not exist.
Victor Hugo would write naked and tell his valet to hide his clothes so that he’d be unable to go outside when he was supposed to be writing.

What we can learn from procrastination : The New Yorker (via Instapaper)

Great article explaining different schools of thought on procrastination. Those described are:

  • ignorance - if we act against our own interests, it must be because we don’t know what’s right
  • the planning fallacy - people underestimate the time it will take them to complete a given task
  • the divided self - the person who makes plans and the person who fails to carry them out are not really the same person
  • lack of confidence - nuff said. sometimes coupled with unrealistic dreams of heroic success
  • self-handicapping - rather than risk failure, we prefer to create conditions that make success impossible
  • perfectionism - leads to excessive planning

Also described are ways to combat procrastination: 

  • employing “the extended will” - taking external measures to help parts of ourselves we want to work (as the quote describes)
  • reframing - narrowing the gap between effort and reward, dividing projects into smaller, more defined sections

(Source: superamit)

(Reblogged from superamit)