Spendthrifts & Tightwads Are Unhappy

Recent marketing research suggests that both profligate spenders and penny pinchers will leave shopping malls with a sinking feeling this holiday season.

As the mega-sales ramp up for Black Friday, some shoppers will rush to the malls ready to spend. Others will stay home and pinch their pennies. Both groups, according to a growing body of research, will probably end up unhappy. "Some people experience this distress a lot, where they typically spend less than they would like to, they pass up on indulgences, they buy cheaper versions when they could have bought higher quality items, and they end up kicking themselves afterwards," said Scott Rick, a marketing professor at the Ross School of Business at the University of Michigan in Ann Arbor. "On the other end of the spectrum," he said, people "chronically spend more than they should and end up kicking themselves, too."

COVID-19 amplified America’s devastating health gap. Can we bridge it?

The COVID-19 pandemic is making health disparities in the United States crystal clear. It is a clarion call for health care systems to double their efforts in vulnerable communities.

Willie Mae Daniels makes melted cheese sandwiches with her granddaughter, Karyah Davis, 6, after being laid off from her job as a food service cashier at the University of Miami on March 17, 2020.

Credit: Joe Raedle/Getty Images
Sponsored by Northwell Health
  • The COVID-19 pandemic has exacerbated America's health disparities, widening the divide between the haves and have nots.
  • Studies show disparities in wealth, race, and online access have disproportionately harmed underserved U.S. communities during the pandemic.
  • To begin curing this social aliment, health systems like Northwell Health are establishing relationships of trust in these communities so that the post-COVID world looks different than the pre-COVID one.
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The "singleton hypothesis" predicts the future of humanity

Philosopher Nick Bostrom's "singleton hypothesis" predicts the future of human societies.

Politics & Current Affairs
  • Nick Bostrom's "singleton hypothesis" says that intelligent life on Earth will eventually form a "singleton".
  • The "singleton" could be a single government or an artificial intelligence that runs everything.
  • Whether the singleton will be positive or negative depends on numerous factors and is not certain.
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What the Greek classics tell us about grief and the importance of mourning the dead

The rites we give to the dead help us understand what it takes to go on living.

Photo by Stavrialena Gontzou on Unsplash
Culture & Religion

As the coronavirus pandemic hit New York in March, the death toll quickly went up with few chances for families and communities to perform traditional rites for their loved ones.

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Bruce Lee: How to live successfully in a world with no rules

Shannon Lee shares lessons from her father in her new book, "Be Water, My Friend: The Teachings of Bruce Lee."

Bruce Lee: How to live successfully in a world with no rules ...
Videos
  • Bruce Lee would have turned 80 years old on November 27, 2020. The legendary actor and martial artist's daughter, Shannon Lee, shares some of his wisdom and his philosophy on self help in a new book titled "Be Water, My Friend: The Teachings of Bruce Lee."
  • In this video, Shannon shares a story of the fight that led to her father beginning a deeper philosophical journey, and how that informed his unique expression of martial arts called Jeet Kune Do.
  • One lesson passed down from Bruce Lee was his use and placement of physical symbols as a way to help "cement for yourself this new way of being, or this new lesson you've learned." By working on ourselves (with the right tools), we can develop the skills necessary to rise and conquer new challenges.
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