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#economic inequality

No economist will ever come up with a better description of why being poor is so expensive than Terry Pratchett. Such a great quote.

“Take boots, for example. He earned thirty-eight dollars a month plus allowance. 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 looked 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 that’d still be keeping his feet dry in ten years’ time, while a 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 Captain Samuel Vimes’ ‘boots’ theory of socio-economic unfairness.”

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It’s election night in New Zealand. The prime minister’s fiancé is standing in the street outside their house, with a teatowel over his shoulder, handing out a tray of fried snapper bites and venison bites that he cooked (he also caught the fish and shot the deer) to the assembled journalists.

I’m so glad I live in a country where everything is so comparatively mellow and uncomplicated and everyone is so ordinary that we do things like this.

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In recent decades, the excess deaths have been concentrated among Black people in their prime earning years, depriving families of income and stability.

Source: Mary R. Jackman and Kimberlee A. Shauman. “The Toll of Inequality: Excess African American Deaths in the United States over the Twentieth Century”

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