The Status Quo Bias: Why It’s so Hard to Change (Or maybe I’m just lazy)

The status quo bias is a term used in psychology to refer to a cognitive effect in which people prefer the “current situation” even when they are aware of the benefits of changing. I first encountered this term while watching an economic course video series from The Great Courses (I like these videos a lot, but recently haven’t had time for them), and I almost shouted out loud “Holy crap, that’s me!” Continue reading