What can Millennials (and we) Learn from Marshmallows?

Imagine you are four years old.  You are sitting in a room with a friendly adult who puts a marshmallow on the table in front of you.  He tells you that you may eat the marshmallow right now, or if you can wait until he returns from a quick errand, he will give you another marshmallow and you may eat two.  What would you do? This is exactly what the researchers at Stanford University did in the late 1960’s and early 1970’s to study delayed gratification, a form of self-control.  The initial … [Read more...]