DOUGH: Poverty 2- Scarcity Book Review

May 26, 2021 01:00:32
DOUGH: Poverty 2- Scarcity Book Review
Abraham's Wallet
DOUGH: Poverty 2- Scarcity Book Review

May 26 2021 | 01:00:32

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Hosted By

Steven Manuel Mark Parrett

Show Notes

Steven Manuel and Mark Parrett continue their conversation about poverty (10:30) as Mark reviews the book Scarcity: Why Having Too Little Means So Much, by Eldar Shafir and Sendhil Mullainathan. It describes, with research, how “not having enough” impacts people. It makes us stupid, insecure, impulsive, makes us spend money unnecessarily, etc. Mark tells about a dumb purchase he made at Princeton (38:30), dealings with poor tenants (44:30), hamster-wheel living (49:40), and all the gross things that a poverty spirit produces. Here at Abe’s Wallet… we hate poverty (and love PLANNING, which is one of the antidotes to it)!

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