This week we’re gonna talk about a key building block in all of human civilization, delayed gratification. Every machine ever built, every piece of capital ever accumulated, is the result of resources set aside, instead of consuming them. And, well, as above so below, this trait is a better predictor of grades in school than IQ, and goes on to predict success in life.
So this week we’ll explore the effects of deferred gratification for both individuals and society, and explore a few ways to expand our own willpower!
Viewings
The marshmallow test: https://www.youtube.com/watch?v=QX_oy9614HQ
The banksters had a point: https://www.youtube.com/watch?v=Hk23s4hh8M8
Don’t eat the marshmallow! https://www.youtube.com/watch?v=47DmUM7MW7s
Willpower is like a muscle: https://www.youtube.com/watch?v=ACYHERGmais
Don’t build willpower, build habits: https://www.youtube.com/watch?v=E8bGBleHyvo
Listenings
When patience is a virtue: https://www.youtube.com/watch?v=7pELxwTp7gk
Readings
Time interest and marshmallows: https://mises.org/library/time-and-marshmallows
Psychology Today on building willpower: https://www.psychologytoday.com/us/blog/good-thinking/201306/how-boost-your-willpower