SCARCITY: WHY HAVING TOO LITTLE MEANS SO MUCH (audiobook) by Sendhil Mullainathan and Eldar Shafir
Published by Simon and Schuster in 2013 Read by Robert Petkoff Duration: 8 hours, 47 minutes. I teach in a public high school that is in the midst of transforming from a suburban/affluent to an urban/poverty school. I currently teach Spanish but I am also licensed to teach several social studies classes including economics. While this hardly makes me an economist, it does mean that I know enough about economics to make me dangerous to myself. I always think that it is interesting when economists take on non-traditional topics, like the Freakonomics guys do. In this case Sendhil Mullainathan and Eldar Shafir look at the effect of scarcity on impulse control, poverty, time management, dieting and lonely people. Kids at my school have a horrible time with impulse control, poverty and time management so I was hooked when the authors started to look at how scarcity affects these behaviors. Through a series of studies (theirs and others) they demonstrate that people who are fina