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Brain on Poverty: Why Poor People Seem to Make Bad Decisions (2013)
- downbad_ 7mo agohttps://news.ycombinator.com/item?id=10641186 https://news.ycombinator.com/item?id=10641186
- downbad_ 7mo agoI remember the first season of Atlanta. The main character, Earnest, was told to invest his money. And he explained that he wasn’t in a financial position to do that, because he needs to eat today and not in September - that was how long it would take to see a return on his investment. He was too broke to invest. It’s interesting that it’s been years since I watched that show, yet I still remember he said “September.” “I’m poor, Darius, okay? And poor people don’t have time for investments, because poor people are too busy trying not to be poor. Okay? I need to eat today, not in September.” The scene here - https://youtu.be/0hOCjX_SSXY?si=x9iwNumboD5Vicsq https://youtu.be/0hOCjX_SSXY?si=x9iwNumboD5Vicsq The first two seasons are great and GOAT-tier, the next two seasons were a downgrade - in my opinion.
- JohnFen 7mo agoIn my experience, rich people make just as many bad decisions as poor people, but their wealth tends to protect them from the consequences of their decisions.