Relative poverty, wealth, laziness and AI wealth management — FTN Daily #66 — Dec 19, 2016 — Business & Economics

Photo: Jeremy Paige

Poverty and Spending

How do poor people spend their money? Rather wisely. Dan Kopf for Quartz

Definitive data on what poor people buy when they’re just given cash


Generation Sellout

Instead of working steadily, young entrepreneurs are incentivized to exit early. Lukas Mikelionis for The Telegraph

Definitive data on what poor people buy when they’re just given cash


You’re richer than your parents

Even if you make nominally less, you can afford so much more than decades ago. Steven Horwitz for Foundation for Economic Education

Definitive data on what poor people buy when they’re just given cash


The virtual hedge fund

A hedge fund based on anonymous algorithms. Cade Metz for Wired.

Definitive data on what poor people buy when they’re just given cash


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