Today’s thought comes from Psychologist Barry Schwartz who recently talked at TED calling for “practical wisdom” as an antidote to a society gone mad with bureaucracy. His argument is that we need more practical, everyday wisdom as an antidote to more rules and incentives, which often backfire or fail.
For those who have not heard of TED, TED is not a person but an acronym for Technology, Entertainment, Design. It began as a conference in 1984 to bring together people from those three worlds, but now has the much wider scope of ideas worth spreading. The conference is held once a year over 4 days and asks 50 speakers, to give a talk on their subject in 18 minutes.
Barry Schwartz studies the link between economics and psychology, and is currently studying wisdom, with Ken Sharpe. He is the author of several books including The Costs of Living and The Paradox of Choice (2004), which looks at why the rate of depression is so high in socities with the highest level of freedom and choice in history.
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love the straight forward explaination
you make this easy for me to read and understand
normally I would just pass by an article like this but you made me take a second look