Jennifer Baez
@jenniferbaez
Jennifer Baez
@jenniferbaez
Fifteen billion people were born in the 19th and 20th centuries. But try to imagine how different the global economy—and the whole world—would be today if just seven of them never existed:
Adolf Hitler
Joseph Stalin
Mao Zedong
Gavrilo Princip
Thomas Edison
Bill Gates
Martin Luther King
Another way to put this is that 0.00000000004% of people were
... See moreI love Voltaire’s observation that “History never repeats itself; man always does.” It applies so well to how we behave with money.
If you grew up when inflation was high, you invested less of your money in bonds later in life compared to those who grew up when inflation was low. If you happened to grow up when the stock market was strong, you
... See moreLocal communities in different parts of the world are making a constructive difference in responding to a plethora of crises: global climate change, political authoritarianism, economic disparities, poverty, war and the threat of nuclear war, consumerism, and a general sense of meaninglness.
They are interested in inner transformation as well as
... See moreThe lowest-income households in the U.S. on average spend $412 a year on lotto tickets, four times the amount of those in the highest income groups. Forty percent of Americans cannot come up with $400 in an emergency. Which is to say: Those buying $400 in lottery tickets are by and large the same people who say they couldn’t come up with $400 in an
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The large numbers of workers who have left their jobs in movements such as the US Great Resignation or the Lying Flat protest groups in China show there is demand for shorter working hours and more humane and meaningful work. Nonetheless, political parties that have put forward degrowth ideas have received limited support in elections. That begs
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