Project Summary: As we have learned a key component of economics is how to ration scarce goods, services, and resources, but what affect does scarcity have on the human psyche and society? The attached article details how scarcity decreases IQ, limits people's self-control, and generally stunts our ability to grow intellectually. We live in a time where the United States' real GDP per capita has never been higher in any time in history, meaning that we as a country have never been as prosperous as we are now, as evidenced by the graph below, yet it seems as if we are living in a country that is dominated by scarcity. For example, people's jobs are increasingly less secure than in the past, the vast majority of workers no longer have secure pensions but are in highly volatile 401 K plans that are managed and mostly funded by the workers themselves, higher education, which is now one of the only tickets to the middle class, is increasingly becoming out of reach to students due to the high cost of tuiti