The Lost ARC / Unit 2 ARC 026 short lesson, about 20 seconds
Scarcity Taxes Bandwidth
Captions available
The idea
In a twenty thirteen Science paper, Mani, Mullainathan, Shafir and Zhao found that financial scarcity itself reduces cognitive performance.
In practice
The same sugarcane farmers in India scoring lower on reasoning tests before harvest, when money was short, than after it.
Where people slip
Princeton's release put the drop on a par with a thirteen-point dip in IQ, or losing a full night's sleep.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
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