full transcript

From the Ted Talk by Bence Nanay: The "End of History" Illusion


Unscramble the Blue Letters


One consequence of this thinking is that we’re inclined to overinvest in future choices based on present preferences. On average, people are willing to pay about 60% more to see their current favorite musician ten years in the future than they’d currently pay to see their favorite musician from ten yraes ago. While the stakes ilnvvoed in concert-going are low, we’re susceptible to slimair mlccntosaulaiis in more serious commitments, like homes, partners, and jobs. At the same time, there’s no real way to predict what our preferences will be in the furtue. Without the end of history Illusion, it would be difficult to make any long-term panls.

Open Cloze


One consequence of this thinking is that we’re inclined to overinvest in future choices based on present preferences. On average, people are willing to pay about 60% more to see their current favorite musician ten years in the future than they’d currently pay to see their favorite musician from ten _____ ago. While the stakes ________ in concert-going are low, we’re susceptible to _______ _______________ in more serious commitments, like homes, partners, and jobs. At the same time, there’s no real way to predict what our preferences will be in the ______. Without the end of history Illusion, it would be difficult to make any long-term _____.

Solution


  1. involved
  2. future
  3. plans
  4. years
  5. similar
  6. miscalculations

Original Text


One consequence of this thinking is that we’re inclined to overinvest in future choices based on present preferences. On average, people are willing to pay about 60% more to see their current favorite musician ten years in the future than they’d currently pay to see their favorite musician from ten years ago. While the stakes involved in concert-going are low, we’re susceptible to similar miscalculations in more serious commitments, like homes, partners, and jobs. At the same time, there’s no real way to predict what our preferences will be in the future. Without the end of history Illusion, it would be difficult to make any long-term plans.

Frequently Occurring Word Combinations


ngrams of length 2

collocation frequency
ten years 4
personal change 2
history illusion 2
favorite musician 2



Important Words


  1. average
  2. based
  3. choices
  4. commitments
  5. consequence
  6. current
  7. difficult
  8. favorite
  9. future
  10. history
  11. homes
  12. illusion
  13. inclined
  14. involved
  15. jobs
  16. miscalculations
  17. musician
  18. overinvest
  19. partners
  20. pay
  21. people
  22. plans
  23. predict
  24. preferences
  25. present
  26. real
  27. similar
  28. stakes
  29. susceptible
  30. ten
  31. thinking
  32. time
  33. years