The Rule of Three

The Federal Reserve does not want to start a recession because part of its dual mandate is to keep the economy healthy. But, the Fed's dual mandate also includes keeping inflation low. A cure for rising inflation is higher interest rates, which slows the economy.

For example, in 1981, ...

Leaders recognise the importance of generous behaviour and desire more of it. But workers receive mixed messages about being generous. In promotion decisions, only one person advances. Productivity could also suffer. In competitive bonus pools, more money to the top performers means less for ...

It means getting the other person to agree to the same thing three times in the same conversation.

In doing so, it uncovers problems before they happen. It’s really hard to repeatedly lie or fake conviction.