Join 📚Jof’S Book Highlights
A batch of the best highlights from what Jophin's read, .
‘What do people agree merely by convention, and what is the truth?’
Tools of Titans
Timothy Ferriss
PPP revisions are well known for discriminating against poor people. PPP moves relative to the price of consumer goods across whole economies. But people __living at national poverty lines do not consume such a broad range of goods; on the contrary, they spend around 70 per cent of their income on food.__ And it just so happens that the price of food has gone up dramatically since PPP was last revised in 2005, relative to the prices of everything else, which means that while most people are able to buy more with their dollars, poor people are actually able to buy less.
The short-term, flexible time of the new capitalism seems to preclude making a sustained narrative out of one’s labors, and so a career. Yet to fail to wrest some sense of continuity and purpose out of these conditions would be literally to fail ourselves.
The Corrosion of Character
Richard Sennett
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