Jennifer Baez
@jenniferbaez
Jennifer Baez
@jenniferbaez
systems thinking and
I 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 moreBalancing the national economy will require new macro-economic models that combine economic, financial, social and ecological variables. Models such as LowGrow SFC (developed by T.J. and P.A.V.), EUROGREEN and MEDEAS are already being used to project the impacts of degrowth policies, including redistributive taxes, universal public services
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The hardest financial skill is getting the goalpost to stop moving.
But it’s one of the most important. If expectations rise with results there is no logic in striving for more because you’ll feel the same after putting in extra effort.
Modern capitalism is a pro at two things: generating wealth and generating envy. Perhaps they go hand in hand;
... See moreA fat soul is someone who can live in an open-minded and open-hearted way, filled with a sense of respect and care for the community of life.