In Japanese culture, there’s a belief that only imperfect objects, like a cracked teacup, can be truly beautiful. This concept is known as wabi-sabi, and it can help you find more enjoyment in your day-to-day life. So, try to let go of the quest for perfection that’s so common in life, and instead accept the beauty that […]
Man sacrifices his health in order to make money. Then he sacrifices money to recuperate his health. And then he is so anxious about the future, that he does not enjoy the present moment. As a result, he does not live in the present or the future; he lives as if he is never going […]
If utility theory doesn’t work, then what does? One alternative is prospect theory, developed by the author. Kahneman’s prospect theory challenges utility theory by showing that when we make choices, we don’t always act in the most rational way. Imagine these two scenarios for example: In the first scenario, you’re given $1,000 and then must choose […]
