Principles in life - Deepstash
Principles in life

Principles in life

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The Matthew effect

The Matthew effect

Matthew principle, or Matthew effect of accumulated advantage can be observed in many aspects of life and fields of activity. It is sometimes summarized by the adage "the rich get richer and the poor get poorer".The concept is applicable to matters of fame or status, but may also be applied literally to the cumulative advantage of economic capital.

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Dunning-Kruger effect

Dunning-Kruger effect

The Dunning-Kruger effect is a strange phenomenon that makes unskilled or uneducated people overestimate their abilities. Incompetent people can't know they're incompetent because their incompetence is the very thing that robs them of the ability to realize how incompetent they are.

it’s the most incompetent who are the most confident, while the intelligent ones doubt their own abilities

“The trouble with the world is that the stupid are cocksure and the intelligent are full of doubts"

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The Peter Principle

The Peter Principle

The Peter Principle is a concept in management theory in which the selection of a candidate for a position is based on the candidate’s performance in their current role, rather than on abilities related to the intended role. Thus, In time, every post tends to be occupied by an employee who is incompetent to carry out its duties

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Groundhog Day Syndrome

Groundhog Day Syndrome is the feeling that you're reliving the same day over and over again. Nothing has changed, and it seems as though you're doing an identical routine every single day and week

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The Law of Reversibility

The Law of Reversibility

The Law of Reversibility says that “If you feel a certain way, you will act in a manner consistent with that feeling.”But if you act in a manner consistent with that feeling, even if you don’t feel it, the Law of Reversibility will create the feeling that is consistent with your actions.

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CURATED BY

zafar

I love to develop my thinking process and understand myself and people around me

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