Debt Is Life I read an article by this economist named Richard Duncan. He said that ever since world war two, every time the debt has not expanded more than 2%, the U.S. economy has gone into a recession. This means out economy is not only dependent on debt, but it’s dependent on […]
World Changing Authority Event
Here’s a true story of how the simple application of authority changed the world we live in. Authority is one of Cialdini’s influence factors, and can circumvent our logic. Basically when somebody with a position of authority says something, we’re much, much more likely to believe it, even if that something doesn’t make any sense. […]