SCARCITY: Why Having Too Little Means So Much

This Thursday, a few of us here at Interfaith will have the opportunity to attend a Cause-Minded Conversation titled, “SCARCITY: Why Having Too Little Means So Much” presented by the Communities Foundation of Texas.

The event features Princeton University Professor and co-author of “SCARCITY: Why Having Too Little Means So Much,” Eldar Shafir who has been named a top global thinker by Foreign Policy magazine and is a member of the President’s Advisory Council on Financial Capability.

Shafir will be discussing his book, which details how a scarcity mindset affects attitudes about time, money and love. Shafir will be interviewed by Krys Boyd, host and managing editor of KERA-FM’s midday talk show Think.

We here at Interfaith find Shafir’s book and accompanying research particularly interesting because a large portion of his work focuses on how this scarcity mindset affects those who are economically disadvantaged. Those living under the strain of poverty often make decisions that those without such strains may find illogical (take out payday loans, not renew food stamps, etc.). This is not because these individuals lack intelligence, but according to Shafir, is instead a result of the stress and worry associated with scarcity. This research and the revelations it provides can help nonprofits like Interfaith learn how to better serve our clients who are often burdened by this scarcity mindset.

The event will take place this Thursday from 4:30 p.m. to 6:00 p.m. at the Communities Foundation of Texas office: 5500 Caruth Haven Lane, Dallas, Texas 75225.

Be sure and follow Interfaith on Twitter for live-tweets from the event.   

If you would like more information about the event or would like to RSVP, please visit the Communities Foundation of Texas website.

Shafir is also featured in the TED Talk below where he discusses his research. Check it out!