March 16, 2013

Preach it, brother

I often disagree with Noahpinion, but I am afraid he has this exactly right:
[I]f you live in a corrupt, predatory kleptocracy, you want to A) fight to change your society for the better, and B) at the same time, rely as little as possible on the goodwill of the corrupt kleptocracy to provide you with your daily bread. "Just save your money" is not a cure-all for the poor. But "save your money while fighting to change the system" is way better advice better than "spend all your money and borrow at 3000% and pray for the revolution to come soon".

(link)

1 Comments:

Blogger JAB said...

The objections of the Anonymous poster in the comments below that column are largely correct. The Pew survey is limited.

March 17, 2013 at 11:03 AM  

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