“Scarcity” by Eldar Sharif

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  • Scarcity is having less than you feel you need
  • Subjective expansion of time is when we process more information than usual
  • Lonely people do better at reading the emotions of others
  • Being poor, literally lowers the application of intelligence
  • We do not think about trade-offs if there is slack in our budget
  • Abundance makes it difficult to understand alternatives
  • Poor people lifted out of poverty may not immediately fall back but often do if there is still not slack in their system
  • Design programs with failures in mind
  • Firefighting leads to dropping important, not-urgent items
  • More time does not equal more bandwidth
  • Driving hands-free is almost as dangerous as driving on the phone
  • Avoid trade-off thinking
  • Scarcity often starts with abundance

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