I forgot to retrieve my bank card at an ATM at the Mexico City airport. A woman behind me in line walked up to the ATM and chose not to let me know about my card. Instead, within 30 minutes there were three fraudulent transactions on my card for items purchased at convenience stores near the airport. The amount charged was $120. My trust in others was diminished a bit after that incident. It got me wondering to what extent do individuals in different countries trust each other and is there a … [Read more...]
231: What Determines How Much You Make
Why how much you make depends on the occupation, the company, and the location. In this episode you’ll learn: Why some occupations pay more than others.Why the same occupation pays different amounts in different countries.Why the same occupation pays different amounts at different companies within the same city. Show Notes Why Do Some Occupations Pay More than Others? Social Closure and Earnings Inequality in the United States - Kim A. Weeden - American Journal of … [Read more...]
142: Why Are Some Nations Wealthier Than Others?
Poor nations work harder than rich ones. Why then are they still poor? In this episode you'll learn: Show Notes OECD Average Annual Hours Worked Per Worker Salaries In Mexico Numbeo Cost of Living The Facts of Economic Growth - Charles I. Jones BEA Gross Domestic Product By Industry data Exponential - Bruno Giussani - Edge Peer Street Wunder Capital Summary Article Why Are Some Nations Wealthier Than Others We were walking home from dinner the … [Read more...]
141: The Universal Law You Need To Overcome To Thrive
How to overcome the second law of thermodynamics in investing and living. In this episode you'll learn: Show Notes The Second Law of Thermodynamics - Steven Pinker - Edge Neanderthals Were People Too - Jon Mooallem - New York Times Just 8 Men Own Same Wealth As Half The World - Oxfam Spirit and Place - Christopher Day Peer Street Summary Article Combatting Disorder With Beauty I found Maria sitting on the outside step of a small convenience store on the … [Read more...]
