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From New York Times bestselling author and economics columnist Robert Frank, a compelling book that explains why the rich underestimate the importance of luck in their success, why that hurts everyone, and what we can do about it How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine. In S...
"From New York Times bestselling author and economics columnist Robert Frank, a revelatory look at the power and potential of social context. As psychologists have long understood, social environments profoundly shape our behavior, sometimes for the better, but often for the worse. Less widely noted is that social influence is a two-way street: Our environments are in large part themselves a product of the choices we make. Society embraces regulations that limit physical harm to others, as when smoking restrictions are defended as protecting bystanders from secondhand smoke. But we have been slower to endorse parallel steps that discourage harmful social environments, as when regulators fail...
Get the Summary of Cass R Sunstei & Robert H Frank's Conformity in 20 minutes. Please note: This is a summary & not the original book. "Conformity" by Cass R. Sunstein and Robert H. Frank explores the psychological and social dynamics of group behavior, particularly how individuals often align their beliefs and actions with those of a group. The book delves into classic experiments by psychologists Muzafer Sherif and Solomon Asch, which demonstrate the power of group norms and peer pressure in shaping individual judgments, even against clear evidence. It discusses the reliance on confidence as a heuristic for trusting information, which can influence decisions on a wide range of issues...
The turn of the twenty-first century witnessed a spectacular rise in gross consumption. With the super-rich setting the pace, everyone spent furiously in a desperate attempt to keep up. As cars and houses grew larger and more expensive, the costs were enormous--not only monetarily but also socially. Consumers spent more time at work and less time with their family and friends; they saved less money and borrowed more. In this book, Robert Frank presents the first comprehensive and accessible account of these financial choices. Frank uses scientific evidence to demonstrate how these spending patterns have not made us happier or healthier. Luxury Fever offers an exit from the rat race, suggesting ways to curb the culture of excess and restore true value to our lives.
And the consequences of this fact are profound.
Advances in Clinical Chemistry
Natural and agro-ecosystems are frequently exposed to natural or synthetic substances, which, while they have no direct nutritional value or significance in metabolism, may negatively affect plant functioning. These, xenobiotics, may originate from both natural (fires, volcano eruptions, soil or rock erosion, biodegradation) and anthropogenic (air and soil pollution, herbicides) sources. And, while affected plants have only a limited number of possibilities for avoiding accumulation of these compounds, they do exhibit several enzymatic reactions for detoxification including oxidation, reduction, hydrolysis and conjugation reactions. In agro-ecosystems in particular these mechanisms have grea...
A new luxury fever has America in its grip. Independent of stock prices, recessions, and inflation rates, the past two decades have witnessed a spectacular and uninterrupted rise in luxury consumption. Ordinary, functional goods are no longer acceptable. Our cars have gotten larger, heavier, and far more expensive. Mansions larger than 30,000 square feet no longer seem extravagant. Wristwatches for the super-rich cost tens of thousands of dollars. We are living in an era of excess. Consider: The average house built in the United States today is nearly twice as large as its counterpart from the 1950s. Even as houses have gotten more expensive and farther from the workplace, there has been a s...