The psychology of scarcity explores how people's minds are less efficient when they feel they lack something — whether it is money, time, calories or even companionship. Being poor requires so much mental energy that those with limited means are more likely to make mistakes and bad decisions than those with bigger financial cushions. In this episode, we discuss the book “Scarcity: Why Having Too Little Means So Much” as we dive into the impacts of scarcity. . Join The Movement Website https://www.consciouseconomics.ca/ Instagram @consciouseconomics . Thank you to our sponsor RBC InvestEase™. Backed by expert human advisors, RBC InvestEase™ is a smart online automated investing service that allows you to invest with low effort and low cost. Open your first RBC InvestEase™ account and pay no management fees for your first year. Plus, start investing with as little as $100. Simply visit https://www.rbcinvestease.com/ to sign up and use Promo Code AA407. . Thank you to our sponsor CPP Investments, who manage a resilient, globally diversified portfolio to help ensure the Canada Pension Plan is there for generations to come. Learn more about their work here: https://www.cppinvestments.com/