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The Choice Paradox More choices, less satisfaction. You might assume that more choice would be a good thing, but research has shown that more options lead to less happiness with whatever option is selected. In a world of abundance, what we truly crave is scarcity.

These Paradoxes Will Cha...

@SahilBloom on Twitter

By using the means of production, the worker produces new goods which become the property of the capitalist. The essential point about this process is the relation between what the worker produces and what he is paid, both measured in terms of real value. Insofar as the labor contract is “free,” what the worker receives is determined not by the real value of the goods he produces, but by his minimum needs and by the capitalists’ requirements for labor power in relation to the number of workers competing for jobs. It is important to understand that even in theory the payment of the worker is not determined by the value of his product.

Essays in Humanism

Albert Einstein

How does a manager motivate his subordinates? For most of us, the word implies doing something to another person. But I don’t think that can happen, because motivation has to come from within somebody. Accordingly, all a manager can do is create an environment in which motivated people can flourish. Because better motivation means better performance, not a change of attitude or feeling, a subordinate’s saying “I feel motivated” means nothing. What matters is if he performs better or worse because his environment changed. An attitude may constitute an indicator, a “window into the black box” of human motivation, but it is not the desired result or output. Better performance at a given skill level is.

High Output Management

Andrew S. Grove

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