Howdy, hey, Today, I want to share Captain Samuel Vimesâ âBootsâ theory of socioeconomic unfairness. This passage is from Terry Pratchettâs novel Men at Arms. âThe reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought and wore until the soles were so thin that he could tell where he was in Ankh Morpork on a foggy night by the feel of the cobbles. But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots thatâd still be keeping his feet dry in ten yearsâtime, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet. This was the Captain Samuel Vimesâ Bootsâ theory of socioeconomic unfairness.â This passage does such a great job of highlighting how itâs more expensive to choose the cheap option and that for some folks, itâs the only option they have. Have you ever had this realization in your own life? Hit reply and share. Your favorite finance friend,
|
|
|
|
1. đ¤Â How to Absorb Inevitable Financial Shocks
(HYG Original) đ¤
2. đ Apple picking is a bizarre imitation of hard work
(Vox)Â Our performative, Insta-worthy fall visits to orchards connect us to the outdoors, but disconnect us from labor.
 3. đ¸ NFT Projects are just MLMs for Tech Elite (Napkin Math) A somewhat impartial review of current NFT business models
4. đ¤
A bookkeeping thing: How to Pay Yourself From Your S Corp: What is reasonable salary (HYG Original) đ¤
5. đ˘ Nobody Really Knows How the Economy Works. A Fed Paper Is the Latest Sign.
(New York Times) âMainstream economics is replete with ideas that âeveryone knowsâ to be true, but that are actually arrant nonsense.â Cool, cool, cool.
6. đŽââď¸ Who scams the scammers? Meet the scambaiters
(The Guardian)Â Police struggle to catch online fraudsters, often operating from overseas, but now a new breed of amateurs are taking matters into their own hands
7. đ How to Quit Fast Fashion, According to Aja Barber
(Vogue)Â âStop buying so much. That is the one thing that we can do to disrupt the system, because as long as we say, âThereâs nothing I could do about it, might as well go and buy 20 new dresses,â nothingâs going to change. So even if you take it all in and you find it very overwhelming, decreasing your consumption is a very conscious decision you can make in a system that feels like it has run amok.â8. đ On the Internet, Weâre Always Famous (New Yorker) âIâve come to believe that, in the Internet age, the psychologically destabilizing experience of fame is coming for everyone. Everyone is losing their minds online because the combination of mass fame and mass surveillance increasingly channels our most basic impulsesâtoward loving and being loved, caring for and being cared for, getting the people we know to laugh at our jokesâinto the project of impressing strangers, a project that cannot, by definition, sate our desires but feels close enough to real human connection that we cannot but pursue it in ever more compulsive ways.â
|
|
The Language Preservation Project is a movement to reverse the trend of language loss across the generations. We are your guide to raising and teaching multilingual and multicultural children!
It's time to make your dream business legit. Build a solid legal framework in three steps with the Framework Legal Kit, packed with easy video guides and contract templates for creative entrepreneurs. Enrollment begins Monday 10/25. Check it out!
𤠠Did you hear? We're offering a portion of our classified ad space to newly created, not-yet-profitable, BIPOC, or female-identifying owners through 2021 free-of-charge to our subscriber community. Do you have a project or business that could use a boost during these weird times? Let us know about it, and we'll schedule it to appear in The Nerdletter. đ¤
|
|
The Nerdletter is written and curated by Paco de Leon and a tiny editorial support team. Please consider several ways you can contribute to this important mission â an inclusive conversation about money, finances, and capitalism for Creatives.Â
We can't do this work without you. Thanks for being part of the crew and reading this far. Peace.
|
|
|
|
Our home office is located in Los Angeles, California, the traditional lands of the Gabrielino/Tongva peoples. We acknowledge with gratitude the traditional custodians of this land and pay our respects to their Elders, past and present.
|
|
|
|
You received this email because you subscribed to The Nerdletter, a weekly newsletter.
You can unsubscribe at any time. Or, you can buy some sweet merch here.1920 Hillhurst Ave # 1089, Los Angeles, California, 90027, United States of America ŠThe Hell Yeah Group 2021
|
|
|
|