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“The Pilgrims made seven times more graves than huts. No Americans have been more impoverished than these who, nevertheless, set aside a

It may sound silly but it is true and we all know it: You can’t make money by going broke. Yet what

This excerpt from “Waiting,” an autobiography by a waitress, illustrates how bonus compensation systems can create perverse incentives: In this restaurant (part

So you’re wondering, what’s up? Everyone knows that Nathan is an advocate of positive thinking, a radiant optimist if there ever was

1. The Rule of Reciprocation: “We try to repay in kind what another person has provided us.” People tend to return a

Do you have sufficient sitzfleisch? Sitzfleisch is stamina, the power to endure or persevere in an activity. The word is German in

If you believe famed British historian Niall Ferguson, author of “Civilization: The West and the Rest,” six things led to the dominance

Physicist Richard Feynman’s First Principle is simple: “You must not fool yourself… and you are the easiest person to fool.” We tend

Occasionally I find someone in a management position who thinks errors will always “happen”. The implication is that errors are just part

Everyone has heard of the sports star who has a favorite pre-game ritual or beloved talisman that he or she feels will