Right choice, but not the intuitive one

first_imgTo take a gratifying, low-paying job or a well-paid corporate position, to get married or play the field, to move across the country or stay put: The fact that most people face such choices at some point in their lives doesn’t make them any easier. No one knows the dilemma better than law students, who are poised to enter a competitive job market after staking years of study on their chosen field.When faced with a tough choice, we already have the cognitive tools we need to make the right decision, Daniel Gilbert, professor of psychology at Harvard and host of the PBS series “This Emotional Life,” told a Harvard Law School (HLS) audience on Feb. 16. The hard part is overcoming the tricks our minds play on us that render rational decision-making nearly impossible.Gilbert’s talk, titled “How To Do Precisely the Right Thing at All Possible Times,” was part of Living Well in the Law, a new program sponsored by the HLS Dean of Students Office that aims to help law students consider their personal and professional development beyond the fast track of summer associate positions and big-law job offers.There is a relatively simple equation for figuring out the best course of action in any situation, Gilbert explained: What are the odds of a particular action getting you what you want, and how much do you value getting what you want? If you really want something, and you identify an action that will make it likely, then taking that action is a good move.Unfortunately, Gilbert said, “these are also the two ways human beings screw up.”First, he said, humans have a hard time estimating how likely we are to get what we want. “We know how to calculate odds [mathematically], but it’s not how we actually calculate odds,” he said.We buy lottery tickets, because we “never see interviews with lottery losers.” If every one of the 170 million losing ticket holders were interviewed on television for 10 seconds apiece, we’d be having the image of losing drilled into our brains for 65 straight years, he said.“When something’s easy to imagine, you think it’s more likely to happen,” he said.For example, if asked to guess the number of annual deaths in the United States by firework accidents and storms versus asthma and drowning, most people will vastly overestimate the former and underestimate the latter. That’s because we don’t see headlines when someone dies of an asthma attack or drowns, Gilbert said. “It’s less available in your memory, but it is in fact more frequent.”Then there’s the fact that we’re prone to irrational levels of optimism, a pattern that has been documented across all areas of life. Sports fans in every city believe their team has better-than-average odds of winning; the vast majority of people believe they’ll live to be 100.A study of Harvard seniors, Gilbert gleefully reported, showed they on average believed they’d finish their theses within 28 to 48 days, but most likely within 33 — “a number virtually indistinguishable from their best-case scenario.” In reality, they complete their theses within 56 days on average.Still, he said, calculating our odds of success is actually the easy part. “What’s really hard in life is knowing how much you’re going to value the thing you’re striving so hard to get,” he said.When we consider buying a $2 cup of coffee at Starbucks, for example, we don’t compare the satisfaction of a morning caffeine jolt against the millions of other things we could purchase for $2. Rather, we compare the value of that cup of coffee against our own past experiences. If the same coffee only cost $1.50 yesterday, we might balk at paying $2 for it today.“One of the problems with this bias, this tendency to pay attention to change, is that it’s hard to know if things really did change,” he said. “Whether things changed is often in the eye of the beholder.“It turns out that every form of judgment works by comparison,” he said. “People shop by comparison.” Unfortunately, our comparisons are easily manipulated, and comparing one option with all other possible options is an impossible task.Real estate companies, for example, show potential buyers “set-up properties,” rundown fixer-uppers that they actually own, to lower their clients’ expectations for houses that are actually for sale.In his own lab, Gilbert’s research team had two groups of college students predict how much they would enjoy eating a bag of potato chips. The group that sat in a room with chocolates on display predicted they’d enjoy the chips less, while the second group — stuck in a room with the chips and a variety of canned meats — predicted much higher enjoyment of the salty snack.But when the students rated their enjoyment of the chips while they were eating them, those differences disappeared. While their previous visual judgment was tainted by comparison, their judgment of the actual taste was not.“The comparisons you make when you’re shopping are not the ones you’ll make after you’ve bought,” Gilbert said.The human mind evolved to deal with different dilemmas than the ones we face today, Gilbert explained. Our ancestors weighed short-term consequences to ensure their survival, evolving a snap-judgment process that often serves us poorly when making long-term decisions such as buying a home, investing in the stock market, or making a cross-country move.The brain “thinks like the old machine it is,” Gilbert said. “We are in some sense on a very ancient vessel, and we are sailing a very ancient sea.”Still, he told his audience, we have the ability to overcome these evolutionary roadblocks to self-aware, smart decision-making, as long as we acknowledge our biases.“We’ve been given that gift,” Gilbert said. “The question is, will we use it?”last_img read more

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Billy Porter’s While I Yet Live Opens Off-Broadway

first_img Directed by Sheryl Kaller, While I Yet Live follows the story of a young man’s coming of age in Pittsburgh amongst a bevy of fascinating and strong-willed women. The world premiere’s cast also features Elain Graham, Sheria Irving, Kevyn Morrow, Larry Powell and Sharon Washington. While I Yet Live View Comments Related Shows Show Closed This production ended its run on Oct. 31, 2014 While I Yet Live, starring Tony winner Lillias White and Emmy winner S. Epatha Merkerson, officially opens on October 12. Written by Kinky Boots Tony winner Billy Porter, the play will run off-Broadway through October 31 at Primary Stages at The Duke on 42nd Street.last_img

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Get a First Look of Susan Stroman-Helmed Little Dancer

first_img View Comments Rebecca Luker C’est le ballet! Little Dancer has arrived at The Kennedy Center and we now have a first look, below, at the world premiere, which features a book and lyrics by Lynn Ahrens and music by Stephen Flaherty. The show is set in the backstage world of the Paris Opera Ballet, and Susan Stroman directs a cast that includes Rebecca Luker, Boyd Gaines, Tiler Peck and Karen Ziemba. Here’s a super fun game: see if you can count how many leaps the montage features! Little Dancer will conclude its Washington, D.C. run on November 30. Is the Great White Way next?center_img Star Fileslast_img

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Flavor of Georgia

first_imgIn the snacks category:Take and Bake Cheese Wafers; Jo’s Original Cheddar Pecan; Cheese Louise!;AlpharettaGeorgia Blues Bar; M Chocolat; AlpharettaSpent Grain with Rosemary Vegan Spelt Crackers; Earth Biscuit Foods; Atlanta In the miscellaneous category:Garlic & Herb Chicken Brine Company; Fire & Flavor; BogartKing Louie Corn Medley Seasoning; King Louie Special Blend Seasoning;FitzgeraldOliver Farm Artisan Oils Pecan Oil; Oliver Oil Co.; PittsSouthern Sriracha Boiled Peanut Rub; Hardy Peanuts Inc.; Hawkinsville In the confections category:JudiCakes Cream Cheese Poundcake Caramel Sea Salt; JudiCakes; Atlanta Peachy Keen Pecan Praline; Loose Sugar; HarrisonTybee Turtle French Macaron; Maison de Macarons; Savannah In the meat and seafood category:Apple Wood Smoked GA Trout; Diana’s Specialties; MariettaLeoci’s Handcrafted Cured Duck Prosciutto; Leoci’s; SavannahBeef Ribeye; Brush Creek Farm; ColbertVidalia Onion Sausage; Ogeechee Meat Market; Savannah In the marinades and sauces category:Balsamico alle Ciliegie; A&A Alta Cucina Italia; Johns CreekGA Mustard Marinade; Q Sauce LLC; DaculaWhiskey Marinade; Foy’s; Columbus In the beverage category:Organic Blueberry Juice; Byne Blueberry Farms; WaynesboroSouthern Sweet Tea; Just Add Honey Tea Company; TuckerWhite Hills Farm Lavender Calamint Rooibos Tisane; White Hills Farm; Dearing Winners will receive a plaque presented by Gov. Nathan Deal and Georgia Commissioner ofAgriculture Gary Black, a membership in Georgia Grown and bragging rights.All finalists earn the right to have their products stamped with the 2014 Flavor of Georgialogo. They also gain exposure to grocery buyers and food industry professionals whojudge the final round of the contest.All of the 2014 Flavor of Georgia entries will be featured in the Flavor of GeorgiaProduct Directory. More information about the contest is available at www.flavorofgeorgia.caes.uga.edu.The Flavor of Georgia food product contest is sponsored by the UGA College of Agricultural and Environmental Sciences Center for Agribusiness andEconomic Development in partnership with the Center of Innovation for Agribusiness,Office of Gov. Nathan Deal, Walton EMC, the Georgia Department of Agriculture, theGeorgia Agribusiness Council and the UGA Department of Food Science andTechnology.center_img In the barbecue and hot sauce category:Causey’s Sweet’N Smoky BBQ Sauce; Causey’s Foods Inc.; SmyrnaDAVIS’ 1929 Sauce; Davis Sauces LLC; Peachtree CityDirt Road Barbeque Sauce; Dirt Road Sauce; AthensRichard’s South Georgia Style Mustard BBQ Sauce; Richard’s; Homerville In the adult beverages category:Richland Rum; Richland Distilling; RichlandWake-n-Bake Coffee Oatmeal Imperial Stout; Terrapin Beer Co.; Athens Judges have selected 35 products to compete in the final round of the 2014University of Georgia Flavor of Georgia Food Product Contest on March 17-18 at theGeorgia Railroad Freight Depot in Atlanta. The Flavor of Georgia contest is a chance for food businesses to highlight their newproducts and receive feedback from a panel of food industry professionals. The 35 finalists were selected from a field of more than 120 products in 12 categories,one of the largest fields in the contest’s history. Finalists will bring their products to the final round of judging on March 17-18 as part ofthe Governor’s annual Agriculture Awareness Week held across the street from theGeorgia state Capitol. “Food entrepreneurs from every corner of the state submitted delicious and innovativeGeorgia products this year,” said Sharon P. Kane, Flavor of Georgia contest coordinator. “From the onion fields in South Georgia to in-town Atlanta, we received products that show off the best that the state has offer.” Kane, a food business development specialist, and her colleagues at the Center forAgribusiness and Environmental Sciences in the UGA College ofAgricultural and Environmental Sciences, have organized the annual contest since 2007. Judges for this year’s final round of the Flavor of Georgia contest include food brokers,buyers, chefs and other food industry experts. They judge each entry on commercialappeal, use of local Georgia ingredients, Georgia theme, taste, innovation and potentialmarket volume in each category.This year’s finalists include:In the dairy category:Applewood Smoked Gouda; Udderly Cool Dairy; RoopvilleBourbon Pecan Gelato; Honeysuckle Gelato; AtlantaGeorgia Gold Clothbound Cheddar Cheese; Nature’s Harmony Farm; Elberton In the jams and jellies category:Cinnamon Honey Spread Company; Weeks Farm; OmegaRaspberry Jalapeno Jam; Leoci’s; SavannahThe European Wine Table Gourmet Wine Gelee, Bordeaux Rouge; TEWTGourmet LLC; Alpharetta In the condiments category:Bell’s Bloody Hot English Mustard; Q’Bella; AlpharettaSweet Onion Confit; Preserving Place; AtlantaSweet and Tangy Tomato Chutney; Souvei LLC; Atlantalast_img read more

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Hong Kong-Singapore travel bubble could begin in November

first_imgHong Kong Financial Secretary At the same time, we’re working very hard with the mainland authorities to try to revive the traveling between Hong Kong and mainland because, business wise, this is very important to speed up the recovery of our econom.Paul Chan- Advertisement – SINGAPORE — The travel bubble between Hong Kong and Singapore could take effect within this month —and discussions are ongoing with other countries including Thailand and Japan, according to Hong Kong’s financial secretary Paul Chan.“We’re working hard with the Singaporean government,” said Chan. “The target is to launch this as soon as possible within November, and the earlier, the better.”The two cities in mid-October announced plans to allow leisure travel to resume without the need for quarantines. Instead, tourists would take a coronavirus test before departure. Hong Kong may also require a second test after arrival.- Advertisement – – Advertisement – Tourism and aviation have been hit hard by the pandemic this year. Singapore and Hong Kong also do not have domestic air travel markets to cushion the blow. A passenger wearing a facemask exiting the arrival hall at the Hong Kong International Airport terminal.Miguel Candela | SOPA Images | LightRocket | Getty Images Singapore has unilaterally opened its borders to tourists from countries where the coronavirus situation is under control such as New Zealand and Brunei.Chan said Hong Kong is in talks with 10 other countries about allowing similar travel bubbles.“For example, Thailand, Japan — these are the countries that we have more advanced discussions with,” he said, adding that the authorities are working “very hard” to expand the network of air travel bubbles with different jurisdictions.“At the same time, we’re working very hard with the mainland authorities to try to revive the traveling between Hong Kong and mainland because, business wise, this is very important to speed up the recovery of our economy,” Chan said.The city fell into recession last year after months of anti-government protests, and the Covid-19 outbreak dealt the economy another blow.Still, when asked if Hong Kong might lose some of its shine to Shenzhen, the secretary said the financial hub has a “very unique competitive edge.” Shenzhen celebrated 40 years as a special economic zone last month, and was given flexibility to pursue reforms in some areas, according to Reuters.Chan said there’s a “complementary cooperation” between Hong Kong and other Chinese cities.“There are areas that we are highly competitive and leading the way, but there are also other areas we can work with the neighboring cities to achieve the maximum synergistic effect, for example, innovation and technology,” he said.“The way we see it is, in this process, we need to work together to leverage the best outcome for everyone concerned,” he continued. “But on the other hand, in … sectors that we are doing well, we need to keep enhancing ourselves, making ourselves even more competitive and ahead of our competition.” – Advertisement –last_img read more

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voting Democrat gives Black Americans ‘minimal return’

first_imgBlack Entertainment Television founder Robert Johnson doesn’t have much faith in a potential Joe Biden presidency. In fact, he doesn’t see the Democratic Party as a good choice for African Americans altogether, he told CNBC.“I think Black Americans are getting a little bit tired of delivering huge votes for the Democrats, and seeing minimal return in terms of economic wealth and closing the wealth gap, the job creation and job opportunities,” Johnson, the millionaire entertainment magnate and philanthropist, told CNBC’s Hadley Gamble via video call. – Advertisement – Rep. Karen Bass (D-CA), Chair of the Congressional Black Caucus (CBC), speaks next to House Speaker Nancy Pelosi (D-CA) during a press event ahead of vote on the George Floyd Justice in Policing Act of 2020 on the East Front House Steps on Capitol Hill in Washington, U.S., June 25, 2020.Yuri Gripas | Reuters “Black people do not embrace Biden as he never articulated a policy that went directly to the concerns of Black Americans,” the businessman said. “I don’t think Biden has that leadership quotient that’s going to allow him to do what is critical to bring the economy back, due to the trade-off between restoring the economy and fighting the pandemic.”‘The devil I know’Speaking to CNBC during a separate interview in September, Johnson described his view of Trump as through a business lens, though did not specifically endorse him. “Where I come out as a businessman, I will take the devil I know over the devil I don’t know any time of the week,” he said.Just hours after Johnson’s remarks on Wednesday, Biden was declared as having won the state of Michigan, thanks largely to Democratic votes cast in Detroit, a majority-Black city that saw higher turnout this year than in 2016. Biden had campaigned heavily in Michigan along with his running mate Kamala Harris, who if elected would be the country’s first Black and first female vice president.  Another focal point of this election has been the coronavirus pandemic, with Trump voters largely backing a full reopening of the economy while Biden has suggested he would put the country into another lockdown if scientists recommended it. More than 12 million people remain unemployed, a significant proportion of which are Black. Trump has touted low Black unemployment during his term, overseeing the lowest U.S Black unemployment level in history before the pandemic, as well as his administration’s criminal justice reform policies.“If you can’t bring the economy back for everybody, you darn sure can’t bring it back for Black Americans,” he said, “Because we’re at the bottom of the rung in terms of economic opportunity, and economic access to wealth, capital and income.”  – Advertisement – Robert JohnsonAnjali Sundaram | CNBC – Advertisement – “And Joe Biden was not an inspiring candidate for many Black Americans. And some of them stay at home. Some of them voted for Trump.”The strong statements come amid a drawn-out 2020 election vote count that’s revealed President Donald Trump and Democratic opponent Joe Biden neck-in-neck in several battleground states. Among the many issues defining the cultural and political fault lines in America leading up to the election has been the topic of racial equality, with movements like Black Lives Matter backed by several Democratic candidates. But Johnson, who became America’s first Black billionaire in 2000, doubts that Biden and the Democratic Party will deliver when it comes to African Americans’ needs, particularly when it comes to the economy.- Advertisement – Racial wealth inequality has long crippled America’s productive potential, economists say. A Brookings Institute study found that in 2016, the average net worth of a White household was nearly 10 times greater than that of the average Black household.   “So how do you make Black Americans whole from an economic justice standpoint, or an equity standpoint,” Johnson continued, “if you don’t get the economy driving the jobs and the opportunities that have to filter down to Black Americans, since they’re already, as I said, at the bottom?”The Biden campaign did not immediately respond to a CNBC request for comment, but the campaign website outlines a detailed “Biden Plan for Black America.” It lists priorities including pledges to “advance the economic mobility of African Americans and close the racial wealth and income gaps,” “expand access to high-quality education and tackle racial inequity in our education system,” and “Make far-reaching investments in ending health disparities by race,” among other things. last_img read more

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Due to Advent, the closure of the Zagreb rotor is being postponed

first_imgThe works on the Zagreb rotor are being postponed for the first time, which would otherwise be bad news, but this time, the people of Zagreb welcome this move, especially the tourist workers.Namely, the rotor was scheduled to close on December 15 in the midst of Advent in Zagreb, to which the citizens of Zagreb and tourist workers appealed and initiated an initiative to postpone the closure of Rotor after Advent due to the huge crowds in the city that are otherwise large, let alone when the rotor will close.In response to the reaction of many citizens of Zagreb who believe that the Remetinec rotor should not be closed during Advent when there will be huge crowds in the city, Zagreb Mayor Milan Bandić told Media Servis that the works will start after the New Year. “They knock on the open door, I think we’ll do it after the New Year”, Said Bandic for Media servis.Although, as Večernji list claims, the reason for postponing the closure of the rotor for traffic for the third time is not the will of the citizens, as Mayor Milan Bandić claims, but a shift in which works are being performed, ie poor planning. However, it is certain that the postponement of the works, ie the closure of the rotor, is a good move because it will avoid huge crowds in the already busy congested city.This year’s Zagreb Advent, which in recent years has been declared the best such event in Europe, will begin on December 1 and last until January 6, 2019, with special emphasis on cultural events that will put the people of Zagreb and their guests in a festive mood and anticipation. ChristmasAdvent in Zagreb is the most important event in our capital, and last year there was an increase of 17% in arrivals and 18% in overnight stays. Namely, according to the data of the Tourist Board, in December 2017, 111.429 arrivals and 201.734 overnight stays were recorded, while in December 2016, 94.573 arrivals and 169.095 overnight stays were recorded.Attachment: CLOSURE OF ZAGREB ROTOR FROM THE PERSPECTIVE OF ONE RENTERlast_img read more

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Moderate results let Insignia beat US rivals

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

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HHI secures $388 million green loan

first_imgHyundai Heavy will allegedly use the funding to develop technologies for LNG carriers. Categories: Green loans are used for financing projects that support the shift to a low-carbon future. This particular green loan is linked to environmentally friendly shipbuilding. Qatar Petroleum inks $19.2 bln LNG shipbuilding deal Posted: 3 months ago The South Korean shipbuilding industry has seen a surge in LNG carrier orders over the last few months. Earlier this week, HHI and compatriot shipbuilders Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering (DSME) have inked a major deal amounting to ₩23.6 trillion to reserve their LNG shipbuilding capacity in order to meet future orders from Qatar. Posted: 3 months ago Specifically, KDB has provided a sum of ₩350 billion, while HSBC, ICBC and the KDB affiliate have awarded ₩ 130 billion to HHI, Yonhap News Agency reported. On 29 May 2020, HHI signed an agreement in Seoul with South Korea state bank KDB; its affiliate KDB Capital; Industrial and Commercial Bank of China’s (ICBC) Seoul branch and HSBC Korea. Business developments & projects South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has obtained a green syndicated loan worth ₩480 billion ($388 million) from the Korea Development Bank (KDB) and other banks.last_img read more

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Man Utd present fresh bid for Fernandes

first_imgManchester United have dominated the transfer talk this month with their pursuit of Bruno Fernandes, who is desperate to finally seal a move to Old Trafford. Loading… United are understood to have agreed a ‘bonus’ structure with Sporting Lisbon worth around £8.4m – but the deal is still a way off completion. Elsewhere, Liverpool have reportedly snubbed the chance to bring Philippe Coutinho back to Anfield just two years since he departed for Barcelona , while they were also keen on Real Madrid star Isco.Advertisement Promoted Content9 Facts You Should Know Before Getting A TattooWho’s The Best Car Manufacturer Of All Time?These Are The Best Stargazing Locations You Can Find On Earth7 Facts About Black Holes That Will Blow Your Mind7 Ways To Understand Your Girlfriend Better2020 Tattoo Trends: Here’s What You’ll See This YearWho Is The Most Powerful Woman On Earth?What’s Up With All The Female Remakes?10 Risky Jobs Some Women Do7 Universities In The World With The Highest Market ValueThe Highest Paid Football Players In The WorldThe Best Cars Of All Time And Arsenal are set to make their first signing of the month after Edu was spotted with Brazilian Pablo Mari at an airport – plus exclusive news on Layvin Kurzawa. Read Also:Pablo Mari arrives in London ahead of Arsenal transfer Starsport will be keeping you up to date with all the latest transfer developments throughout the day. FacebookTwitterWhatsAppEmail分享 last_img read more

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