to upgrade
Ideas from books, articles & podcasts.
The dogma is this: If we are interested in maximising the welfare of our citizens, we have to maximise individual freedom. The reason is that freedom is good, valuable, worthwhile, and essential to being human.
The way to maximise freedom is to maximise choice: The more c...
We have an almost unlimited variety of choices, for example, hundreds of salad dressings, an unlimited variety of phones, choices in health care, prescription drugs and more.
Even something like our identity can become a matter of choice. We get to invent and reinvent ours...
Too much choice has two negative effects on people:
Too many options lead us to expect perfection - you may never be pleasantly surprised by quality because your expectations have gone through the roof.
When you choose from thousands of options, you may always feel disappointed. You may think you're at fault because you could've chosen some...
The problem that lies in the modern, affluent, Western societies is that expensive, complicated choices don't help. They make us worse off.
Therefore, income redistribution can make everyone better off, because of how excess choice plagues us. Too many choices don't give freedom. It paraly...
React
Comment
created 4 ideas
It helped me understand the boundaries of freedom
19
2
833 reads
created 5 ideas
We have moved from a service-based economy into an experience-based economy. Joseph Pine explains what consumers want in this new economy and how you can provide it to them.
3
Comment
284 reads
❤️ Brainstash Inc.