Saturday, March 18, 2017

'Intellectual humility' could be key to becoming a better person, scientists say - But Trump doesn't have it - Independent

Scientists might have figured out one of the keys to becoming a better person.

Showing "intellectual humility" – recognising that you might be wrong about what you believe – is a reliable marker of how good people are at making choices and understanding, according to a new study.

The personality trait is little studied but doing so could shed light on how people make decisions in politics, health and other arenas, according to the researchers from Duke University.

The trait is equally spread between liberals and conservatives, and religious and non-religious people. But it affects how people make decisions about all those things and more, according to the study.

The authors define intellectual humility as the opposite of arrogance or conceit. It means that people are open-minded, they write – while people with the trait can have strong beliefs, they also recognise those beliefs as fallible and are willing to be proven wrong about them, according to lead author Mark Leary.

The researchers conducted four different studies to test out how he trait works and measure it in people.

In one, for instance, they read essays arguing for and against evolution, and then asked about the personality of the person writing it. Intellectually arrogant people tended to say that the person writing was immoral, dishonest, incompetent and cold – but intellectually humble people didn't judge the authors based on their views.

Violent video games don't make you a bad person, study suggests
Those people who proved intellectually humble were better at evaluating the quality of evidence, the research found. They could distinguish good arguments from weak ones much better, they found.

And they criticised politicians less if they changed their mind on issue, accusing them less often of "flip-flopping". Intellectually humble people were more likely to think that it was actually good when a politician changed what they thought based on new evidence.

That would prove helpful in a range of different arenas, the authors said. Showing a little more intellectual humility would be better in politics, for instance.

"If you think about what's been wrong in Washington for a long time, it's a whole lot of people who are very intellectually arrogant about the positions they have, on both sides of the aisle," Leary said. "But even in interpersonal relationships, the minor squabbles we have with our friends, lovers and coworkers are often about relatively trivial things where we are convinced that our view of the world is correct and their view is wrong."

And it would make better business people, too.

"If you're sitting around a table at a meeting and the boss is very low in intellectual humility, he or she isn't going to listen to other people's suggestions," Leary said. "Yet we know that good leadership requires broadness of perspective and taking as many perspectives into account as possible."

The researchers hope that they can work to encourage and teach intellectual humility, to help improve people.

Retirees: Blow This Tax Deadline and You Could Pay Dearly - TIME

Posted: 17 Mar 2017 03:00 AM PDT

This year, two important IRS drop-dead dates have shifted by one or more days. One gives you a little extra time; the other, a critical date for some retirees, is pushed forward.
First, the big change that affects taxpayers of all ages: The usual April 15 deadline for filing your income tax return is delayed to April 18. That’s a fluke of the calendar, involving a holiday celebrated only in Washington D.C. and the fact that April 15 falls on a Saturday.
The other change, for older taxpayers: The due date for taking an initial required minimum distribution (RMD) from a tax-advantaged savings account is March 31. The normal deadline is April 1, but because that falls on a Saturday the date was moved forward.

This is no small matter. Anyone who turned 70½ in 2016 and holds assets in a traditional IRA or (in most cases) a 401(k) plan must begin taking distributions. (You may be able to hold off on a 401(k) RMD if you are still working at that employer.)
The penalty for messing up an RMD is stiff: Miss the deadline and you forfeit half the amount you were required to withdraw. Few people miss this deadline on purpose, research shows. It’s usually due to procrastination and forgetfulness, or a clerical error of some sort.
This is a confusing deadline because every year after the initial distribution you must take your RMD by Dec. 31. Only in the first year do you get a grace period that usually runs to April 1 of the following year. And remember that taking an initial distribution now for 2016 means you must take another distribution–for 2017–by Dec. 31 of this year.
Millions of account holders cut it close on this deadline every year, and thousands miss it. Some 43% of Fidelity account holders due for their first RMD in 2016 had not taken the full amount as of Dec. 23. Some 40% had not taken anything, Fidelity reports.
Two-thirds of IRA holders put off taking any distributions until the age they are required to do so, Investment Company Institute data show. That means a lot of folks are likely bumping up against this important March 31 deadline. It may be extra easy to overlook this date, given that income tax returns need not be filed until April 18 this year.
A 2010 report by the Treasury Department’s Treasury Inspector General for Tax Administration estimated that as many as 250,000 IRA owners each year miss the deadline for RMDs totaling $350 million. That tardiness generates potential tax penalties of $175 million.
The government requires distributions to keep individuals from avoiding income tax indefinitely. If you are required to take a distribution, your IRA or 401(k) custodian probably sent you a notice. If not, you should contact them immediately and ask for the calculation, which is based on a drawdown rate designed to get near a zero balance in the last year of your remaining life expectancy.
Going forward, consider automating the process—most IRA and plan administrators will calculate your annual RMD and send you a check quarterly or yearly. Automating your RMDs works best if you have all your tax-deferred savings in one place, which is a strong argument for consolidating your accounts. If you have multiple IRAs, your RMD is based on your total holdings but you can take the dollars from whichever IRA or IRAs you choose.
If you don’t need to spend the money you withdraw right away, it makes sense to reinvest it. You can cash out the required amount and stash it in a taxable account. Or if you want to keep your portfolio intact, you may be able to transfer the investments directly to a taxable account, which will save you the hassle of selling and repurchasing the holdings. Either way, of course, you will have to pay the taxes owed.

Jimmy Kimmel Thinks Trump Should Watch ‘Sesame Street’ - New York Times

Jimmy Kimmel Thinks Trump Should Watch ‘Sesame Street’

Welcome to Best of Late Night, a rundown that lets you sleep — and lets us get paid to watch comedy. What do you think of it? What else are you interested in? Let us know: thearts@nytimes.com.
Could Trump Learn From ‘Schoolhouse Rock’?
The late-show hosts took President Trump to task for the budget he released on Thursday that proposes eliminating funding for various arts and social programs. Jimmy Kimmel led the charge.
“There are a lot of cuts in the plan, including: PBS would be cut, Meals on Wheels would be cut, the National Endowment for the Arts would be cut. The guy who has three oil paintings of himself in his bathroom wants to cut the National Endowment for the Arts. And Meals on Wheels — how could that be? How can you cut Meals on Wheels? Meals on Wheels is out, but don’t worry, the golf trips to Mar-a-Lago every weekend, those will not stop.”
“Before he gets rid of ‘Sesame Street,’ I think we should make the president watch it a couple of times. That show teaches so many things he needs to know: which thing is bigger than the other, how to spell, the importance of telling the truth and sharing, listening to others. Maybe throw in some ‘Schoolhouse Rock,’ and he can find out how government works. Let’s get on that.”

Mr. Kimmel also gave a shout-out to Disney’s new movie, “Beauty and the Beast.” But that, too, was a swipe at the president.
“The live-action version of ‘Beauty and the Beast’ opens tomorrow. Now ‘Beauty and the Beast’ is the story of a beautiful woman from a small village who falls for a selfish, disgusting monster who lives in a palace filled with gold. Melania Trump is calling it the feel-good movie of the year.”

Psyched for Spring Training? Meyers Isn’t.
Most sports fans’ attention is on March Madness right now. (See the Punchiest Punchlines below.) But Major League Baseball spring training is also underway. You haven’t noticed? Seth Meyers isn’t surprised.
“Spring training? ‘Hey, everybody, I’m off to spend a week in Florida.’ ‘Oh, are you going to golf or go to the beach?’ ‘No, I’m going to watch some grown men stretch.’ News flash: Baseball is pretty boring when the games count. No one’s ever been like, ‘You know what I hate about baseball? The stakes are too high.’ Yet every spring people line up to watch their favorite stars give 80 percent for three innings. ‘All right, boys, look alive. This one’s for none of the marbles!’” — SETH MEYERS
The Punchiest Punchlines (March Madness Edition)
“Today was the start of March Madness. That’s right, President Trump released his new budget today.” — SETH MEYERS
“This is cool: I saw that John McCain filled out a March Madness bracket for ESPN. When asked about what he feels best about he said, ‘Arizona.’ When asked what pick he feels worst about he said, ‘Sarah Palin.’” — JIMMY FALLON
“Tomorrow is a great day to be Irish, a terrible day to be an Uber driver.” — JIMMY KIMMEL, talking about St. Patrick’s Day
The Bits Worth Watching
To get his St. Patrick’s Day lingo sorted out, Mr. Kimmel consulted his friend, the Northern Irish actor Jamie Dornan.
The producer and director J. J. Abrams spoke to Jimmy Fallon about his Broadway producing debut, “The Play That Goes Wrong.” A few things went wrong.
Have a Great Weekend
It’s the last weekend of winter — and it’s looking as if it’ll be a blustery one. Stay warm, and we’ll talk to you next week.
NYT