Curated. I found this a nice, sharp articulation of a simple concept. I think I had maybe heard this once before, but not with the specific label “morale” attached. This feels like a decent explanation for a few related psychological behaviors.
Part III has some specific claims, which I haven’t thought that much about, but I like that in addition to spelling out a simple model J Bostock shows how it applies at various scales, including little wrinkly details (i.e. “people don’t understand nominal inflation”).
Curated. I found this a nice, sharp articulation of a simple concept. I think I had maybe heard this once before, but not with the specific label “morale” attached. This feels like a decent explanation for a few related psychological behaviors.
Part III has some specific claims, which I haven’t thought that much about, but I like that in addition to spelling out a simple model J Bostock shows how it applies at various scales, including little wrinkly details (i.e. “people don’t understand nominal inflation”).