Misbehaving

Misbehaving

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Many years ago I listened to the advice of Barack Obama which is - "Read the book of Nobel laureates." In other words, books about economics, physics, and also literature. Richard Thaler won the Nobel Prize for his research in the field of economics. His book is entitled "Misbehaving". Richard Thaler is one of the founders of Behavioral Economics research field and a professor at Business School of the University of Chicago. In my opinion, the last several Nobel laureates in economics are geniuses of simplicity and originality.  They no longer look at the economy in terms of capital or GDP, they are above that. Thaler's work shows that assuming that people are predictably irrational is the most rational approach to studying their behavior. Here is my attempt to overview a book…
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Trust = Speed

Trust = Speed

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Trust Recently I had a lunch with an engineer from a neighboring department and got a simple question from him: "What does your working day look like?" I do not think that everyone understands what I'm doing and what problems I solve. At that moment, I need to know what was going on around in my department and it was the required minimum. If I do not hear from employees, then I had no idea how the company worked at the moment. Whether it was positive or negative news, I needed to know it from all possible perspectives of view. Therefore, I provided the open door policy (since I moved to a separate office) and read all my e-mails. If someone had an idea, a complaint, or a problem, and…
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