Although still reeling from the debt crisis of 2009, Greece is now home to a new €596 million complex that will house the Greek National Opera and the National Library of Greece. Unveiled to the public this past weekend in Athens, the 226,000-square-foot ...
Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Monday, June 27, 2016
Greece’s Fragile Economy Faces New Tests After Brexit
The United Kingdom’s decision to leave the European Union in a so-called "Brexit" has sent shocks through Europe, raising questions about the continent's political and economic future. Markets around the world plunged in the wake of the unexpected ...
Brexit: GREEK tourism faces 5th worst impact in Europe if UK demand falters
Across the European continent, and especially within the Eurozone, many hotel markets rely heavily on the contribution of British arrivals. In light of ...
Why Brexit endangers global unions that helped West prosper
Nineteen countries adopted a common currency, the euro. Then came the 2008 global financial crisis, which revealed that countries like Greece on the European periphery had borrowed recklessly. Creditor countries, led by Germany, took a harsh stance in ...
History, Culture and Festival at Greek Church
OCEAN TOWNSHIP: Three days of warm sunshine graced the festivities at the Jersey Shore Greek Festival at the St. George Greek Orthodox Church on West Park Avenue over the weekend. It was wonderful, a celebration of customs, religious and cultural that has ...
GREEK Power Corporation introduces 15% discount for consistent customers in July
Millions of GREEK Power Corporation (DEI) customers will be in for a pleasant surprise in July, when the electricity company introduces a 15% discount ...
Former Lobo Shumpert signs with GREEK pro team
Former University of New Mexico women's basketball player Khadijah Shumpert is taking her basketball career overseas to Greece. The former Lobo ...
Refugee Carries Blind Wife While Clutching Onto Baby [pictures]
The boatloads of migrants making the perilous sea crossing over the Aegean may have dwindled, however the new arrivals continue to be impressive. A boat made its way to the shore of Skala Sykamnia on the island of Lesvos on Sunday, the first to arrive in the region after a number of months. Greeks and
EU mergers and takeovers (June 27)
… assets from National Bank of Greece (notified June 16/deadline July … stakes in Greek natural gas grid operator DESFA from Greek natural gas …
Greektown Wahlburgers set for July opening
… open around July 23 in Greektown. Actor and co-owner Mark Wahlberg … JACK Entertainment, which oversees the Greektown Casino, released photos and a … such as tater tots. The Greektown restaurant will be first of …
New Commission proposal helps Cyprus and Greece fully seize investment opportunities under ESI Funds
… ' mechanism, which can benefit Greece. The financial and economic crisis … Cypriot budget by €99 million. Greece can benefit from the extension … 2015, thanks to this provision, Greece already received €1.3 billion …
Durant, Anthony Lead US Olympic Basketball Team
Its last loss came against Greece at the 2006 world championship. Former Olympians Paul and Westbrook pulled out and Washington's John Wall was injured.
AMP Radio Presents Alesso LIVE at the Greek Theatre on September 24th
Alesso is coming back to LA for his first headlining show in 2 years. Presented by AMP Radio, he’ll be hitting the Greek Theatre on September 24th! Tickets go on pre-sale Wednesday (check back tomorrow for our exclusive code) and on sale Thursday at ...
Shumpert Signs Contract with Panathlitikos in Greece
FLASH-AGENCY.NET – Former University of New Mexico women's basketball standout Khadijah Shumpert has signed a professional contract to play overseas with the Panathlitikos Sykeon in Thessaloniki, Greece. Shumpert is the second Lobo to sign a professional ...
Latin is all Greek to Maltese students
There was a time when a solid foundation in the classics was a prerequisite for any student with dreams of making it big. Not anymore. There wasn't a single teacher of Latin or Greek in all Maltese secondary schools - state, church or independent - last ...
Youths attack French cultural institute in northern Greece
THESSALONIKI, Greece (AP) — Greek police say the entrance of a French cultural institute in the northern city of Thessaloniki has been damaged in an attack by about a dozen youths who hurled rocks at the building, smashed windows with bats and sprayed foam from a fire extinguisher.
We spoke to the 1st astronomer to ever directly detect an exoplanet - here’s how he thinks we’ll find aliens
[091310_Charbonneau_David_218]David Charbonneau, a professor of astronomy at Harvard, grew up in a family of scientists. He was always interested in astronomy, he told Business Insider. Even as a kid, he would carry star charts with him on scout trips. So, it seems natural that he would pursue a career in science, studying math and physics as an undergraduate student and then entering the astronomy program at Harvard for graduate school. Now, Charbonneau’s work in detecting exoplanets has earned him a place as one of three 2016 Blavatnik National Laureates, an award given by the Blavatnik Family Foundation and administered by the New York Academy of Sciences to honor “the nation’s most exceptional young scientists and engineers.” As a laureate, he won $250,000, which is the largest unrestricted cash award given to early-career scientists. “The public has kind of a complicated relationship with science,” he said. “Having an award like this really celebrates science. I hope it gets young people excited about getting into science and I hope it also makes science fun and maybe even a little bit glamorous.” Maybe it was fate, but just as Charbonneau began graduate school, astronomers indirectly detected a planet orbiting a star for the very first time using something called the Doppler method. So, Charbonneau decided to jump in the field, he said, and he never looked back. “It seemed so concrete and practical compared to a lot of astronomy,” Charbonneau said. “These were very straightforward questions that no one knew the answers to. Are there planets around other stars? Are there planets similar to Earth? Could we ever develop the means to study them in detail?” Charbonneau’s work in the field led him towards making the first direct detection of a planet transiting (passing in front of) its star. Instead of simply learning that planets existed, he said, we could suddenly begin to actually characterize them and measure their properties. “Once we had a planet that traveled in front of a star, we could figure out its size from the amount of light it blocked,” Charbonneau said. “We could figure out its mass by how much it tugged on the star and so we could do a very simple calculation to figure out density. And once we knew its density we could have a clue about its composition.” Charbonneau said that a theme in his research has been a desire to create new methods to measure transits and study the atmosphere of planets. "I’m delighted that a few of these methods have now become standard techniques in some of the fields." He is especially excited about the possibility of inferring the existence of life on another planet. He thinks that the way we’re going to be able to do this is by thinking about how aliens would study all the planets in our solar system. These alien astronomers, he says, would notice that something is really different about Earth. They would see that Earth’s continents are green, instead of brown (like they would be if only bare rock). Also, they would also see strange gases, like oxygen and methane, in Earth’s atmosphere — chemical fingerprints that signal the presence of life. Humans have thought about whether we were alone in the universe for a long time, Charbonneau said, but we’ve never had the technological ability to actually find out. But now, he thinks, we might finally be able to to pull it off. “If you look back in written history, even the Greeks were writing about whether we were alone in the universe and [about] whether there are other worlds we could come into contact with,” Charbonneau said. “And certainly over the last 500 years, there have been a lot of writings about whether there are planets around other stars. I think that the most exciting thing is that moment of discovery is when you are the first person to see something that people have wondered about for a long time.” NOW WATCH: Here's where scientists think they'll find alien life first
People who are tone deaf are teaching scientists something fascinating about the brain
[pitch perfect 2]YouTube/TheEllenShow Imagine stepping into a friend's car, her favorite playlist pumping, only to be immersed in the sounds of hundreds of clanging pots and pans. To an estimated 4% of the world, that's what the stuff we call music sounds like. These people are tone-deaf, a disorder more accurately called congenital amusia. People who are really tone-deaf aren't just bad at karaoke: They can't pick out differences in pitch, the quality of music we're referring to when we say something is "low" or "high." By studying these people, scientists are learning some fascinating things about the brain, including how we process and experience sound as well as what aspects of this ability may be genetic. A WORLD THAT SOUNDS COMPLETELY DIFFERENT Let's say you don't have amusia, meaning you're not tone deaf. Now picture yourself spending the afternoon listening to your neighbor practice the piano. In general, you could probably say whether the note you just heard was higher or lower than the one you heard before that, right? Well, people who are tone-deaf can't do that. [Pitch Perfect 2 Richard Cartwright.JPG]YouTube/TheEllenShowWe talked to Marion Cousineau, a researcher at the International Laboratory for Brain, Music and Sound Research at the University of Montreal. She spent years working with people with amusia (or "amusics") in the lab to get a sense of what the world sounds like to them. She explained that it's not that amusics' brains cannot detect differences in pitch, but rather that they can't consciously process the difference in the same way non-amusics can. Cousineau says that each person she's talked to describes their amusia — which they detect using an online test — differently. Where some people hear clanging pots and pans, for example, others hear beautiful sounds. Once, when Cousineau had a writer visit her lab to write a story on amusia, he found out he was amusic himself. He had no idea. "He was crazy about music and was constantly going to shows and concerts," Cousineau told Business Insider. "Then he took the test and found out he was amusic." AMUSIA RUNS IN FAMILIES Exactly what causes tone-deafness is still somewhat mysterious, but researchers are finding some fascinating clues. From studying families, for example, scientists have been able to conclude that it's hereditary, meaning that if you have it, chances are higher that your children will too. We also know that amusia is a type of agnosia, a word derived from Greek roots that essentially means "not knowing." Agnosia is a word used to describe a condition in which there is a disconnect between what you're seeing, hearing, or feeling, and your previous knowledge about that experience. BRAINS THAT DON'T KNOW THEY'RE TONE-DEAF A 2009 study got a bit closer to telling us what's happening in the brain of a tone-deaf person when she or he listens to music and hears noise instead. For that study, two groups of volunteers — one with amusia and one without — were hooked up to an EEG so researchers could take a look at some of the electrical activity in different areas of their brains. They had both groups listen to a series of notes. One of the notes was out of key. Each time the out-of-tune notes were played, the researchers saw specific and similar activity across the brains of both groups. In other words, it appeared that amusic or not, everyone's brains were at least picking up on the mismatched sounds. But while both the non-amusics and amusics displayed similar brain activity in the first few milliseconds after hearing the sound, only the non-amusics displayed another smattering of activity a few hundred milliseconds later. This second burst of activity in people without tone deafness, the scientists reasoned, suggested that only the brains of people who were not tone deaf were communicating the harsh tune to a higher brain area, thereby making them aware that they'd heard it. In other words, the researchers suspect, while the brains of both groups had identified the harsh tune on some level, amusics were not _aware_ that they'd done so. "Their brains were picking it up," said Cousineau, "but they couldn't say there was a change." Here's an image of brain activity in someone who is not tone-deaf (A) and someone who is (B): [amusic vs non-amusic brains neuroscience amusia tone-deaf]YouTube/TheEllenShow This idea has been bolstered by several other, more recent studies that suggest that amusics have weaker links between fronto-temporal brain areas (one of the regions that we rely on to think critically and solve problems) and posterior auditory areas, which are important for processing sound. What this growing body of work has shown is that in amusics, many aspects of the brain involved in experiencing music are working just as they should. But somewhere up the chain of command — between hearing a tune and processing it — something goes awry. And this is responsible for the vastly different musical world that tone-deaf people experience. "A lot of the people who'd come into the lab were told all their lives that they can't sing, that there's something wrong with them and that it's their fault," said Cousineau. "But it isn't their fault at all, and that's what we were able to share with them." NOW WATCH: This 3-minute animation will change the way you see the universe
Fintech could be bigger than ATMs, PayPal, and Bitcoin combined
[A Bitcoin ATM is seen inside a bookstore in Acharnai in northern Athens, Greece June 30, 2015. REUTERS/Dimitris Michalakis ] We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs. No firm is immune from the coming disruption and every company must have a strategy to harness the powerful advantages of the new financial technology (“fintech”) revolution. The battle already underway will create surprising winners and stunned losers among some of the most powerful names in the financial world: The most contentious conflicts (and partnerships) will be between startups that are completely reengineering decades-old practices, traditional power players who are furiously trying to adapt with their own innovations, and total disruption of established technology & processes: * TRADITIONAL RETAIL BANKS VS. ONLINE-ONLY BANKS: Traditional retail banks provide a valuable service, but online-only banks can offer many of the same services with higher rates and lower fees * TRADITIONAL LENDERS VS. PEER-TO-PEER MARKETPLACES: P2P lending marketplaces are growing much faster than traditional lenders—only time will tell if the banks strategy of creating their own small loan networks will be successful * TRADITIONAL ASSET MANAGERS VS. ROBO-ADVISORS: Robo-advisors like Betterment offer lower fees, lower minimums and solid returns to investors, but the much larger traditional asset managers are creating their own robo-products while providing the kind of handholding that high net worth clients are willing to pay handsomely for. As you can see, this very fluid environment is creating winners and losers before your eyes…and it’s also creating the potential for new cost savings or growth opportunities for both you and your company. After months of researching and reporting this important trend, Evan Bakker, research analyst for BI Intelligence, Business Insider's premium research service, has put together an essential briefing that explains the new landscape, identifies the ripest areas for disruption, and highlights the some of the most exciting new companies. These new players have the potential to become the next Visa, Paypal or Charles Schwab because they have the potential to transform important areas of the financial services industry like: * Retail banking * Lending and Financing * Payments and Transfers * Wealth and Asset Management * Markets and Exchanges * Insurance * Blockchain Transactions If you work in any of these sectors, it’s important for you to understand how the fintech revolution will change your business and possibly even your career. And if you’re employed in any part of the digital economy, you’ll want to know how you can exploit these new technologies to make your employer more efficient, flexible and profitable. [BII The Fintech Ecosystem]Thomson Reuters Among the big picture insights you’ll get from this new report, titled _THE FINTECH ECOSYSTEM REPORT: MEASURING THE EFFECTS OF TECHNOLOGY ON THE ENTIRE FINANCIAL SERVICES INDUSTRY_: * Why financial technology is so disruptive to financial services—it will soon change the nature of almost every financial activity, from banking to payments to wealth management. * The basic conflict will be between old firms and new—startups are re-imagining financial services processes from top to bottom, while incumbent financial services firms are trying to keep up with new products of their own. * Both sides face serious obstacles—traditional banks and financial services firms are investing heavily in innovation, but leveraging their investments is difficult with so much invested in legacy systems and profit centers. * Meanwhile, startups are struggling to navigate a rapidly-changing regulatory landscape and must scale up quickly with limited resources. * The blockchain is a wild card that could completely overhaul financial services. Both major banks and startups around the world are exploring the technology behind the blockchain, which stores and records Bitcoin transactions. This technology could lower the cost of many financial activities to near-zero and could wipe away many traditional banking activities completely. This exclusive report also: * Explains the main growth drivers of the exploding fintech ecosystem. * Frames the challenges and opportunities faced by incumbents and startups. * Breaks down global and regional fintech investments, including which regions are the most significant and which are poised for the highest growth. * Reveals which two financial services are garnering the most investment, and are therefore likely to be transformed first and fastest by fintech * Explains why blockchain technology is critically important to banks and startups, and assesses which players stand to gain the most from it. * Explores the financial sectors facing disruption and breaks them down in terms of investments, vulnerabilities and growth opportunities. And much more. _THE FINTECH ECOSYSTEM REPORT: MEASURING THE EFFECTS OF TECHNOLOGY ON THE ENTIRE FINANCIAL SERVICES INDUSTRY_ is how you get the full story on the fintech revolution. To get your copy of this invaluable guide to the fintech revolution, choose one of these options: * Subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND over 100 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> START A MEMBERSHIP * Purchase the report and download it immediately from our research store. >> BUY THE REPORT The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of the fast-moving world of financial technology.
Creditors Quartet Wants Greece to Hurry With Reforms to Avoid Brexit Backlash
A European official in Brussels told Greek journalists that the Greek government should accelerate efforts to adopt the economic program it has agreed to so that unnecessary consequences of the Brexit aren’t felt in the country. Greece’s daily ...
Greek PM Alexis Tsipras Meets with Ministers Ahead of EU Council
The upcoming EU Summit in Brussels dominated a meeting between Prime Minister Alexis Tsipras with his close associates and the government’s ministers on Monday, following the result of the British referendum as well as the conditions in Europe.
2,282 mln Euro Primary Surplus in May 2016, FinMin Says
According to the data available for the execution of the State Budget on a modified cash basis, the Greek State Budget balance for the period of January – May of 2016 presented a deficit of 814 million Euros, against the target of 2016 Budget of deficit of 3,880 million Euros and the deficit of 1,399
EU bogeymen urge Greece to implement Reforms asap, as “patience is exhausted”
Whoever thought or hoped that the European Union would learn a lesson form the Brexit vote was wrong – me included. They keep repeating the same mantra as every year and scaremongering tactics against Greece. Speaking to Greek reporters in Brussels on Monday, two senior EU officials said that the […]
Alan Greenspan: U.K. Brexit a 'Terrible Mistake'
June 27 -- Former Federal Reserve Chairman Alan Greenspan discusses the U.K.'s decision to leave the European Union and his suggestion for Greece to leave the Eurozone. He speaks with Bloomberg's Michael McKee and Tom Keene on "Bloomberg ‹GO›."
GREEK Finance Ministry extends deadline for filing tax returns to 15 July
Greece's Ministry of Finance has announced that it will extend the deadline for filing tax returns until Friday 15 July, but warned that no further ...
While Gov't Laments Brexit, Ordinary GREEKS See it as 'Justified, Logical'
Commenting on the implications of the vote for his country, GREEK journalist and political commentator Nicholas Stella told Sputnik that while the ...
Migrant Smugglers Charging Triple as Routes Close, Europol Says
The EU-Turkey deal and restrictions north of Greece have pushed the typical journey price to $17,000.
Greek air force CL-215 destroyed in crash
Greece lost a Canadair CL-215 fire-fighting aircraft on 26 June, the third major accident involving Hellenic Air Force CL-215/415 aircraft since 2014. The aircraft (number 1111) crash landed some 30 km north-west of Athens after reportedly suffering an ...
Euros quiz: who did it?
Do you remember the dirty shirts and headbutts from previous tournaments? • The ultimate Euro 2016 quiz • Euro 2016 quiz: spot the real ball • Euros quiz: who said it? Which player was sent home for saying his coach was "too deep in the ass" of his captain in 1996? Christophe Dugarry Edgar Davids Guillermo Amor Marco Bode Which team pulled out of the tournament in 1960 due to political reasons? Spain Yugoslavia Czechoslovakia France Which striker was substituted during his country's final game of Euro 92 while he was just one goal short of his country's goalscoring record? Anders Limpar Brian Laudrup Gary Lineker Marco van Basten Which Holland player (allegedly) celebrated beating Germany in the Euro 88 semi-finals by wiping his rear with a swapped shirt? Ruud Gullit Ronald Koeman Hans van Breukelen Marco van Basten Which France player headbutted Stuart Pearce at Euro 92? Emmanuel Petit Basile Boli Eric Cantona Laurent Blanc Which Portugal player handled the ball in the box to allow Zinedine Zidane to score a golden goal from the penalty spot in the Euro 2000 semi-finals? Rui Costa Abel Xavier Paulo Sousa VÃtor BaÃa Which manager requested 1,000 crumpets for his team's training base during Euro 2004? Dick Advocaat Jacques Santini Sven-Göran Eriksson Morten Olsen Who saved a penalty from Marco van Basten on the way to winning Euro 92? Bruno Martini Peter Schmeichel Bodo Illgner Thomas Ravelli Greece shocked the continent when they won Euro 2004. Which German manager led them to glory? Michael Skibbe Rudi Völler Berti Vogts Otto Rehhagel Which Czech Republic player secured a move to the Premier League after a breathtaking chip at Villa Park during Euro 96? Karel Poborsky Patrick Berger Jan Stejskal Vladimir Smicer Continue reading...
Milwaukee Bucks Daily: Point Giannis Leads To Greece Success
The latest Milwaukee Bucks Daily is here as Giannis Antetokounmpo‘s playmaking came up big for Greece. Welcome back to Milwaukee Bucks Daily. If this is your first time joining us for the daily roundup, the idea of this piece is generally to help keep ...
Israel-Turkey Stress 'Stability' In Rapprochement Accord
In Rome Monday, Israeli Prime Minister Benjamin Netanyahu praised the new Israel-Turkey rapprochement agreement saying the accord will strengthen Israel’s position in the region coming more than six years after the Mvavi Marmara incident, The Jerusalem Post reported. Netanyahu acknowledged both the world and region are going through tremendous changes and with the accord there will once again be a certain “stability” in the region. Netanyahu said he kept Greece, Cyprus, Egypt and Russia – all countries who have a fraught relationship with Turkey – in the loop regarding the negotiations leading up to the accord. Every move was also coordinated with the U.S., he said. As Netanyahu spoke in...
Greek firefighters concerned over resource shortages as 1st major summer wildfires rage
Greek firefighters appeared concerned on Monday over resource shortages due to austerity cuts as they battled the first major summer wildfires. More than 150 firefighters and five aircraft were deployed some 40 km northwest of Athens on Monday to battle ...
As Europe and the rest of the world reel from Britain's vote to leave EU, concern turns to "Nexit"
First it was "Grexit" that, last year, put the international business and trade communities on tenterhooks, before Greece voted in July to stay in the European Union (EU). Then there was "Brexit," which hit everyone right between the eyes Thursday night ...
Brexit Vote Renews Fears of a 'Grexit' in Greece
Following markets around the world, Greece's already fragile economy plunged upon news that the United Kingdom voted Thursday to leave the European Union. Their "Brexit" vote has reignited calls for a "Grexit" among some Greeks. But while polls find many ...
Kim Kardashian's nutritionist reveals everything she eats in a week
[Kim Kardashian]Instagram/Kim Kardashian Kim Kardashian West lost 60 pounds recently, Entertainment Tonight pointed out. That's been largely thanks to the Atkins diet. But what exactly does she eat? Kardashian's nutritionist, Colette Heimowitz, recently told Business Insider about her effective diet. Here's a sample week in the life of dieting like the reality star. DAY ONE STARTS OFF WITH SCRAMBLED EGGS. Liz Barclay/First We Feast BREAKFAST: Scrambled eggs with turkey sausage topped with smoked Gouda 4 oz Greek yogurt with 1/3 cup fresh blueberries SNACK: Atkins Harvest Trail Dark Chocolate Cherry and Nuts bar LUNCH: Grilled lime chicken over a spinach salad with feta-ranch dressing SNACK: 1 medium carrot with 4 tablespoons of hummus DINNER: Lemon-tame halibut with sautéed green beans TOTAL CALORIES: 1504 NET CARBS: 40.2 THOUGH SHE DOES WATCH HER CALORIES, SHE DOESN'T TOTALLY STARVE HERSELF. AP Photo/Andrew Medichini Heimowitz says that's part of the plan. "The beauty about Atkins is you don’t need to do it with very low calories," Heimowitz said to Business Insider. "You can eat 1500-1800 calories a day, so you’re not starving . "You're fortified and never hungry, so you have less of a tendency to want to cheat," she said. (Although you'll notice there's no wine on Kardashian's plan, which might be a bummer to anyone who loves a glass of Pinot Noir with dinner who's trying to eat _exactly_ like her.) DAY TWO STARTS WITH OATMEAL. SHE EATS CARBS, EVEN THOUGH SHE'S WATCHING THEM. IT'S JUST IN DOSES. Shutterstock/caliber_3D BREAKFAST: Rolled oats and pecans topped with strawberries SNACK: ½ cup sliced red peppers and 5 cherry tomatoes with 2 tablespoons of Italian dressing LUNCH: Pesto-topped salmon with a Caesar salad SNACK: ½ peach with a ½ cup cottage cheese DINNER: Grilled chicken with asparagus and tomato salad TOTAL CALORIES: 1530 NET CARBS: 38.9g SEE THE REST OF THE STORY AT BUSINESS INSIDER
This is how you make better decisions, according to science
[man thinking]Rasstock/Shutterstock Life would be a lot easier if we just knew how to make good decisions. Research shows we all make a lot of bad ones, according to Chip Heath's "Decisive: How to Make Better Choices in Life and Work." With careers: > "More than half of teachers quit their jobs within four years. In > fact, one study in Philadelphia schools found that a teacher was > almost two times more likely to drop out than a student." In our jobs: > "A study showed that when doctors reckoned themselves 'completely > certain' about a diagnosis, they were wrong 40% of the time." And in our personal lives: > "… an estimated 61,535 tattoos were reversed in the United States > in 2009." We get a lot of sketchy tips based on unreliable sources. So what does the scientific research say about how to make good decisions? For starters, you might think you would be better off if you just had more information about the choice at hand. And you'd be wrong … YOU DON’T NEED MORE INFO, YOU NEED THE RIGHT INFO In the past 20 years we went from a world where information was difficult to come by to a world where we can't get away from the stuff. The phrase "TMI" is now more true than ever. When doctors are diagnosing heart attacks, the glut of information isn't just a nuisance — it can be deadly, according to "Blink: The Power of Thinking Without Thinking": > "What Goldman's algorithm indicates, though, is that the role of > those other factors is so small in determining what is happening to > the man right now that an accurate diagnosis can be made without > them … that extra information is more than useless. It's harmful. > It confuses the issues. What screws up doctors when they are trying > to predict heart attacks is that they take too much information into > account." Solution? _Spend less time trying to amass all the information and more time better defining the problem so you can find the right information._ As Dan Pink explains in his bestseller, "To Sell Is Human", research shows one of the hallmarks of great advances in both the arts and sciences is spending more time on clarifying problems. Via "To Sell Is Human: The Surprising Truth About Moving Others": > "'The quality of the problem that is found is a forerunner of the > quality of the solution that is attained…' Getzels concluded." And people who focus on the problem instead of the answer end up more successful in their careers. Via "To Sell Is Human: The Surprising Truth About Moving Others": > "In 1970, Csikszentmihalyi and Getzels tracked down these same > artists, now out of school and working for a living to see how they > were faring. About half the students had left the art world > altogether. The other half was working, and often succeeding, as > professional artists. The composition of that second group? Nearly > all were problem finders back in their school days." (To learn what Harvard research says will make you more successful and happier, click here.) Alright, you're clarifying the problem and focused on getting the right info. Good. So now you need to be ultra-rational and logical, unswayed by emotion in order to make a good choice, right? Wrong again … FEELINGS ARE YOUR FRIENDS Being calm definitely helps when trying to make good decisions — but ignoring emotions is silly. As Stanford professor Baba Shiv explains, choices _can't_ be made without feelings. Via "The Most Human Human: What Talking with Computers Teaches Us About What It Means to Be Alive": > "In the late '80s and through the '90s, says Shiv, neuroscientists > “started providing evidence for the diametric opposite > viewpoint” to rational-choice theory: 'that emotion is essential > for and fundamental to making good decisions.'" And not only do we need feelings to make decisions, engaging them also leads to _better_ decisions. Professor Timothy Wilson, author of "Redirect: The Surprising New Science of Psychological Change", says feeling beats thinking when it comes to relationship predictions: > "It was the people in the 'gut feeling' group whose ratings > predicted whether they were still dating their partner several > months later. As for the navel gazers, their satisfaction ratings > did not predict the outcome of their relationships at all." And matters of the heart aren't the only place where feelings help. Empathy can be a big positive when trying to make good choices. Research shows doctors who feel empathy make better decisions for their patients. Wharton professor Adam Grant, author of the bestseller "Give and Take", told me: > "There is a great study by Turner and colleagues showing that when > radiologists saw a photo of the patient whose x-ray they were about > to scan, they empathized more with the person. They saw that person > as more of a human being as opposed to just an x-ray. As a result, > they wrote longer reports and they had greater diagnostic accuracy, > significantly." Certainly there are times when we need to think things through and be very rational. So how do you know whether to go with your gut or not? * For simple decisions without many factors involved (_What soda should I buy?_) be rational. * For very complex or weighty decisions (_Am I in love?_) trust your gut. Via "How We Decide": > As Dijksterhuis demonstrated, when you ask the prefrontal cortex to > make (complex) decisions, it makes consistent mistakes… It might > sound ridiculous, but it makes scientific sense: Think less about > those items that you care a lot about. Don't be afraid to let your > emotions choose. Now what about when you're tired and it's hard to think? Don't worry — research says go with your gut. And what about when you're really _really_ tired? Just go to bed. Studies show the old saw is true: “sleeping on it” works. (To learn the #1 decision-making secret of astronauts, samurai, Navy SEALs and psychopaths, click here.) Okay, you've defined the problem, got the right info and you're not ignoring your feelings. What's a key tool most people ignore that will let you know you should trust your decisions? KNOW YOUR STRENGTHS Modern science is awesome but here you may wanna take a lesson from the ancient Greeks: “Know Thyself.” There are few things that can truly guide powerful decisions more than knowledge of who you really are and what you're good at. And the research agrees. DEFINITELY TRUST YOUR GUT ON A SUBJECT — IF IT'S SOMETHING YOU'RE AN EXPERT AT: > A new study from researchers at Rice University, George Mason > University and Boston College suggests you should trust your gut — > but only if you're an expert… Across both studies, participants > who possessed expertise within the task domain performed on average > just as well intuitively as analytically. In addition, experts > significantly outperformed novices when making their decisions > intuitively but not when making their decisions analytically. I know what some of you are thinking: _But I'm not sure what my strengths are._ No sweat. All you need is a pen, paper and time. Keep a "decision diary." Peter Drucker, author of "The Effective Executive", and one of the most influential thinkers on the subject of management, recommends monitoring what you do and noting what gets results over time: > "Whenever you make a key decision or take a key action, write down > what you expect will happen. Nine or 12 months later, compare the > actual results with your expectations… Practiced consistently, > this simple method will show you within a fairly short period of > time, maybe two or three years, where your strengths lie — and > this is the most important thing to know." Don't trust your memory. Write it down. Make it a game. See where you score highly and not so highly. Good at work decisions but bad when it comes to your personal life? Now you'll know when you can trust your gut and when you may need some help. (To learn the 4 lifehacks from ancient philosophy that will make you happier, click here.) All the ideas so far are great but there's one critical thing that's missing: when do you stop deciding? When is it time to pull the trigger? SEE THE REST OF THE STORY AT BUSINESS INSIDER
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