Society/Culture Headwinds and Tailwinds: Gratitude and ingratitude.

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I listened to this one last night.

http://freakonomics.com/podcast/why-is-my-life-so-hard/

One of Gilovich's students:
https://en.wikipedia.org/wiki/Thoma...ntributions_in_biases_and_heuristics_research

(I recommend his book How we know what isn't so)

The subject is the science behind gratitude for the things that helped us along.

People who try to find things to be grateful for are happier. Of course it doesn't wash away deep psychological scars and massive deprivation, but the experiments found that gratitude for those things that gave us a boost in the past does help us get along today.

I have to go out on the grog right now so I won't go deeper into it in the OP.
 
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I listened to this one last night.

http://freakonomics.com/podcast/why-is-my-life-so-hard/

One of Gilovich's students:
https://en.wikipedia.org/wiki/Thoma...ntributions_in_biases_and_heuristics_research

(I recommend his book How we know what isn't so)

.

First came across this when at Dresdner and a bloke called James Montier worked there as an analyst and talked about behavioural economics. I found it extremely interesting (and still do). He is great at explaining investment bias (and other bias).

Sounds a boring topic but actually its really interesting
 

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Just taking part in some crypto threads.

What's your take on investors in that market? It just looks like a bunch of people about to take a big fall.

Then again I could be severely underestimating demand from drug runners, gun runners, human traffickers, and rich people who need to get money out of China.
 
Just taking part in some crypto threads.

What's your take on investors in that market? It just looks like a bunch of people about to take a big fall.

I know stuff all about it but nearly everyone i know who does think its BS and won't touch it. Think of the damage that internet sales are doing to tax revenues and then think about how disastrous for govts crypto currencies would be re taxing transactions. Cant see them being exactly keen to let it happen. The London Stock Exchange wont let you list a crypto company either. Whether thats pressure from the govt i dont know

You see this?

http://uk.businessinsider.com/drug-...ney-at-bitcoin-atms-london-police-say-2017-12
 

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