There is a great book I read in college called The Paradox of Choice. It talks about all this kind of thing. I don't know when it was written, but that was 25 or so years ago when I read it, and even at the time it was talking about how too many options was responsible for a lot of the stress we have in daily life—I'm sure today that is much much worse.
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Wow, that is interesting. It's a lot of weight to carry on your shoulders sometimes. I guess that is why I get paid the big bucks though :P I can't even type that with a straight face!