Prof. Sendhil Mullainathan (Chicago Booth) tries to answer the following questions: why poverty persist? Why do successful people get things done at the last minute?
His research summarized in his book “Scarcity” shows how scarcity creates its own mindset. Understanding this mindset sheds light on our personal problems as well as the broader social problem of poverty and what we can do about it.
Click on the picture to start the video.