Being poor changes your thinking about everything

 

Source: Harold Pollack - The Washington Post

Sendhil Mullainathan and Eldar Shafir are two leading figures in the hot (if occasionally oversold) field of behavioral economics. Mullainathan teaches economics at Harvard and is a MacArthur Fellow. Shafir teaches psychology and public policy at Princeton. This week, they released an accessible short book titled "Scarcity: Why Having Too Little Means So Much," which summarizes some of the best behavioral economics work.

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