"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
What Marshmallows Tell Us About Silicon Valley
To understand why Silicon Valley keeps pumping out new companies and technologies, we suggest starting with a number of experiments run by Stanford psychologists in the sixties and seventies involving children and promises of marshmallows. Because the way that toddlers struggle to resist the temptation of a tasty treat, and the conclusions researchers drew from it, provides insight into what motivates individuals to work hard, the roots of global poverty, and Silicon Valley's secret sauce.
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