Skip to main content

Scarcity - Sendhil Mullainathan and Eldar Shafir ****

There is no scarcity of books about the brain and psychology and emotion. In fact, the shelves are groaning with them. But here's a psychological take on what you might regard as a problem of economics - and that makes it genuinely fascinating. So it's a shame that it doesn't work better as a book - but this is one of those titles that you will want to read despite that.

The authors Sendhil Mullainathan and Eldar Shafir look at the nature of scarcity and, crucially, the effect it has on human performance. You might hear the term and think it's about going hungry - and that is one example of scarcity - but they also look at what happens when money, time and even friends are in short supply. Although they aren't exact analogues, all have related impacts on us as human beings.

By referencing the best available studies (and doing a few of their own), the authors come to some important conclusions. Scarcity isn't all bad. It concentrates the mind - gives us focus. But there is a price to pay for being in that tunnel. It means that other essential aspects of life get ignored. And, most strikingly, what the authors call 'bandwidth' - a combination of cognitive ability and ability to concentrate - is reduced. They call this a 'bandwidth tax'.

So far, so engaging. We aren't just offered the symptoms and diagnosis, but also some attempts to counter this. Pointing out, for instance, that it's better for people to make decisions and learn things when they are going through a good phase than through scarcity. However I have two problems with this as a book. One is that while it's no textbook, it really isn't particularly readable - it takes a really interesting subject and makes it a bit dull. And the other is that there are strong signs that this is really a magazine article, not a book. For page after page the same thing is said in subtly different ways. If I see the word 'bandwidth' again today, I'll scream. The meat of this book could easily fit in 4,000 words.

So, paradoxically, I do urge you to read the book, as the subject is well worth exploring - but I can't promise that you will enjoy the experience.

Paperback 

Kindle 
Using these links earns us commission at no cost to you
Review by Brian Clegg

Comments

Popular posts from this blog

Beyond Belief - Helen Pearson *****

Apparently it comes as a surprise to many that medicine was not particularly scientific until the end of the twentieth century (to be honest, it's no surprise to me - we had a GP who used homeopathy in the 90s). Instead it was based on anecdotal guidance - the kind of thing that appeared to work. Evidence-based medicine has since improved the field, trying where possible to base decisions on evidence, ideally based on randomised controlled trials. The first part of Helen Pearson's book covers this well - though I think it's by far the least interesting part of what we discover. Instead what's truly fascinating is the rest of it, looking at a wide range of other fields where evidence was rarely properly used and that are only now starting to dip a toe in the water. These include social policy, policing, conservation, business and education. The main part of the book gives us examples of how bad these areas have been in terms of basing decisions on what's always been ...

The Infinite Book – John D. Barrow ****

Authors are often asked to review books on a topic they’ve written on themselves. The reasoning is sensible – they ought to know something about the subject – but there’s always that uneasy suspicion that there’s going to be a bit of bias creeping in. So I think it’s only fair to admit up front that I have written a book on infinity (of which more later). Infinity is a wonderful subject, because it’s intimately mind-bending (if the combination sounds paradoxical, that’s what infinity is all about) and gives you the chance to pull in all sorts of different concepts and assocations along the way, something Barrow does with great gusto. There’s a surprisingly large amount of coverage here for God, and for the universe, and the book jumps around from Aristotle to Hilbert’s Infinite Hotel (explained at great length), from the paradoxes of infinite sets to the paradoxes of time travel. Overall it’s an enjoyable journey that gives plenty of opportunity to be amazed and surprised. The...

Adventures of a Computational Explorer - Stephen Wolfram ***

Stephen Wolfram, the man behind the scientist's mathematical tool of choice, Mathematica, plus a whole host of other software products, including the uncanny Wolfram Alpha knowledge engine, is undoubtedly a genius of the first order. In this book, we get an uncensored excursion into the mind of genius - which is, without doubt, a fascinating prospect. The book consists of a collection of essays and speeches that Wolfram has produced over the last ten to fifteen years, covering an eclectic range of topics. Like all such collections, the result is something that lacks the coherence of a book with a narrative that runs through it, inevitably introducing a degree of repetition and a mix of interesting and not-so-interesting topics - but there's likely to be something to catch the attention anyone who is into computing or mathematics. One of the most interesting pieces is the opening one, where Wolfram describes being a consultant on the SF movie Arrival. He seems to hav...