Tag: Winner

What Happens When Economies Go Into a Winner-Take-All Death Spiral? America 2023 Does

Leave it to Bernie Sanders to sum it up best. “Last year, 8 Hollywood CEOs made nearly $800 million, yet pay for TV writers has fallen by 23 percent over the last 10 years.” Ouch. That’s a concise description of the reason more than 11,000 writers are now on strike. And in Ame...

The Winner effect

Testosterone (yes women too have testosterone) and dopamine play a huge role in the Winner effect. The levels of testosterone rise before the competition begins, but as the competition progresses the testosterone levels of only the winners stay high and those of the losers decrease. There is also a ...