American society is obsessed with speed, productivity and efficiency. We are told to never put off until tomorrow what can been done today. Quick decision making is considered a virtue, while procrastination is a sin. But University of San Diego law and finance professor Frank Partnoy says not so fast. In ancient Egypt and Rome, procrastination was thought to be useful and wise. Partnoy spent more than three years combing through scientific studies and interviewing experts in different fields to study the role of timing in decision making. He tells us why the longer we can wait before acting, the better.
Excerpt from "Wait: The Art and Science of Delay" by Frank Partnoy. Copyright 2012 by Callum Roberts. Reprinted here by permission of PublicAffairs. All rights reserved.