Also it’s true that (a) we enjoy the highest living standards of all time (b) we have the highest disposable income (PPP) of any nation (c) none of this matters because of the hedonic treadmill
Sisphyean
December 1, 2024 at 7:14 PM
Also it’s true that (a) we enjoy the highest living standards of all time (b) we have the highest disposable income (PPP) of any nation (c) none of this matters because of the hedonic treadmill
The difference between middle class and upper class is that the middle class person has a realistic chance of being poor if they lose their job, while the rich person can live off investments. “Thriftiness” is a good metric, tho not all MC/UMC are thrifty
December 1, 2024 at 7:11 PM
The difference between middle class and upper class is that the middle class person has a realistic chance of being poor if they lose their job, while the rich person can live off investments. “Thriftiness” is a good metric, tho not all MC/UMC are thrifty