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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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We made boys! Kinda how you felt when you sat down for the 32nd session of Netflixing and finally finished The Irishman, we’re at...
Once they get past talk of the markets and fantasy basketball (5:45) and all things LoDo (9:45), Steven Manuel and Mark Parrett finally get...
Mark Parrett and Steven Manuel talk about the financial and familial implications of WEDDINGS (Where should you save dough for a wedding? How much...
