New book by ECO professor

Professor Matthias Sutter’s new book “Die Entdeckung der Geduld” (The discovery of patience) was published on 1 March.

According to Professor Sutter, “the book illustrates how important patience is for success in life. Humans who, as children, are able to forego an immediately available, but relatively smaller, reward in order to achieve a larger award in the future have typically higher education, higher income, and a better health when they are adults. Patience, respectively the related concept of self-control, is related to family background and IQ, yet patience can partly serve as a substitute for higher IQ and better family background. Given its importance, the book discusses several paths how to make one’s own choices more patient and future oriented.”