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Scarcity – The Good and the Bad

Prairie Eco-Thrifter

Personal computing devices in the home were thousands of dollars in the 1980’s when we got our first system. According to PC Magazine’s PC timeline , the cost in today’s dollars of a PC in 1981 was $7564 people have more computing power in their phone than we had, for much less money. Why is scarcity bad?

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Gratitude Brings Wealth

Prairie Eco-Thrifter

On one occasion, when there was a disruption in computer service (my area of responsibility), this manager sat at his desk and literally yelled at my technicians who were trying to solve the problem! The Psychological Science journal reported on a study done in 2014 which showed that feelings of gratitude reduced financial impatience.

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