145. Do You Have a Scarcity Mindset or an Abundance Mindset?

No Stupid Questions

Freakonomics Radio + Stitcher

Society & Culture

4.6 • 3.6K Ratings

🗓️ 7 May 2023

⏱️ 49 minutes

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Summary

Are highly effective people quicker to share credit? What does poverty do to your brain? And how did Stephen's mother teach him about opportunity costs? Plus: an announcement about the future of the show.

Transcript

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0:00.0	Hey, it's not necessarily a zero-sum game.
0:04.4	It can be win-win.
0:05.7	And then someone came up with win-win-win,
0:07.8	at which point I started saying,
0:09.2	OK, just how much winning can we all stand?
0:13.1	I'm Angela Duckworth.
0:14.5	I'm Stephen Dupner.
0:15.6	And you're listening to no stupid questions.
0:19.0	Today on the show, do you have a scarcity mindset
0:23.0	or an abundance mindset?
0:25.0	There's a lot to untangle here.
0:27.4	Hey, Angela.
0:34.1	Angela, a listener named Matthew writes in to say,
0:37.5	I remember reading about the terms scarcity mindset
0:41.2	versus abundance mindset.
0:43.0	It seems like an interesting way of framing how people react
0:46.4	differently.
0:47.0	However, it looks like those terms do not
0:49.8	originate out of psychology research
0:51.5	has any work been done to verify these concepts.
0:55.4	So, Angela, let's start with where these terms did originate.
0:59.6	Yeah, let's talk about what I know first.
	...

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