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The Case for Financial Procrastination
TIME: In our first TIME Moneyland post, we explore an issue we’ll return to a lot: the effect of framing and state of mind on financial choice. Framing is one of the aces in the deck of cards that make up behavioral economics; and state of mind powerfully influences how we frame our financial decisions. It’s ironic that people generally consider many factors when making financial decisions but rarely give enough weight to their own state of mind and body. There’s plenty of evidence to suggest that how we’re feeling — literally, how we physically feel at a given moment — can affect our decisions about all sorts of issues, including those that have nothing to with those feelings.
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A brain training exercise that really does work
University of Michigan: ANN ARBOR, Mich.—Forget about working crossword puzzles and listening to Mozart. If you want to improve your ability to reason and solve new problems, just take a few minutes every day to do a maddening little exercise called n-back training.
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CEPEDA: Now whites are feeling discrimination
The Sacramento Bee: Scholars from the Harvard Business School and Tufts University's department of psychology recently confirmed the obvious in contemporary American race relations. The title of their report, "Whites See Racism as a Zero-Sum Game That They Are Now Losing," pretty much says it all. Published late last month in the journal Perspectives on Psychological Science, the report by Michael Norton and Samuel Sommers says whites believe that as bias against blacks decreased in the last six decades, intentional discrimination against whites has increased. Whites now see anti-white bias as a bigger societal problem than anti-black bias.
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Brain Calisthenics for Abstract Ideas
The New York Times: Like any other high school junior, Wynn Haimer has a few holes in his academic game. Graphs and equations, for instance: He gets the idea, fine — one is a linear representation of the other — but making those conversions is often a headache. Or at least it was. For about a month now, Wynn, 17, has been practicing at home using an unusual online program that prompts him to match graphs to equations, dozens upon dozens of them, and fast, often before he has time to work out the correct answer. An equation appears on the screen, and below it three graphs (or vice versa, a graph with three equations).
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Be It Numbers or Words – The Structure of Our Language Remains the Same
It is one of the wonders of language: We cannot possibly anticipate or memorize every potential word, phrase, or sentence. Yet we have no trouble constructing and understanding myriads of novel utterances every day. How do we do it? Linguists say we naturally and unconsciously employ abstract rules—syntax. How abstract is language? What is the nature of these abstract representations? And do the same rules travel among realms of cognition? A new study exploring these questions—by psychologists Christoph Scheepers, Catherine J.
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The Bond: Staying in touch when children go to college
Los Angeles Times: The second in a series on the evolution of the parent-child relationship. The big deadline for high school seniors to choose a college has passed, and parents' thoughts are turning toward the joy of less laundry or the agony of how to pay the bills — and perhaps toward how much they'll be in touch with their sons and daughters come September. It was not so long ago that parents drove a teenager to campus, said a tearful goodbye and returned home to wait a week or so for a phone call from the dorm. Mom or Dad, in turn, might write letters — yes, with pens. On stationery.
