Prudence

Prudence is a virtue, a good and desirable character quality to have.  Today it is connected with "faintheartedness, caution and a general bias against action," but that's inaccurate. 

Arthur Brooks thought he disliked prudence, but what he really disliked was that modern slant on it.  It does not mean "habitual reluctance," or "risk-averse behavior." 

Prudence actually refers to making wise choices, "the willingness to do the right thing, even if that involves fear and risk."

image: Mary Engelbreit

Ever the economist/professor, Dr. Brooks cites a study from the University of Chicago which indicates that people who tend to make Yes choices tend to be happier than those who typically say No.