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For most modern humans in the developed world now, losing some money generally means that they might have to scale back some aspects of their lifestyles. Losing resources in the Pleistocene epoch might have meant starvation. Thus, extreme aversion to loss also made good sense. When the alternative is an almost certain death, taking a risk doesn’t seem so foolish.

Nathan H. Lents Quote: “For most modern humans in the developed world now, losing some money generally means that they might have to scale back some aspects of their lifestyles. Losing resources in the Pleistocene epoch might have meant starvation. Thus, extreme aversion to loss also made good sense. When the alternative is an almost certain death, taking a risk doesn’t seem so foolish.”

“For most modern humans in the developed world now, losing some money generally means that they might have to scale back some aspects of their lifestyles. Losing resources in the Pleistocene epoch might have meant starvation. Thus, extreme aversion to loss also made good sense. When the alternative is an almost certain death, taking a risk doesn’t seem so foolish.”

Nathan H. Lents

Nathan H. Lents Quote: “For most modern humans in the developed world now, losing some money generally means that they might have to scale back some aspects of their lifestyles. Losing resources in the Pleistocene epoch might have meant starvation. Thus, extreme aversion to loss also made good sense. When the alternative is an almost certain death, taking a risk doesn’t seem so foolish.”
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