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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Mark Parrett and Steven Manuel talk haircuts, crypto (while Steven eats… forgive us listener), and then review and celebrate LoDoFebruary, their annual season of...
Mark Parrett and Steven Manuel enter the year-end giving season by discussing the idea that family vision drives financial giving. Mark lets Steven pull...
Mark Parrett and Steven Manuel wade into piranha-filled waters by discussing the wave of firings and resignations resulting from mandates sweeping the land (8:00)....