By Laura Lee
The industrial downturn has pressured approximately every body right into a lifetime of constrained potential, yet writer Laura Lee was once broke sooner than it was once cool. She won’t inform a person to clip coupons or forego their morning latte—in truth, she won’t provide any tips on tips to be kept from a gloomy monetary future. as a substitute she offers readers with a mental how-to choked with enjoyable tidbits. Broke is Beautiful is an insightful compendium of historical past, idea, proof, and humor that each one have a good time the shortcoming of cash as a gateway to extra serenity, self-awareness, and certain, even security.
In the culture of Alain de Botton’s How Proust Can switch Your Life and Eric Wilson’s Against Happiness: In compliment of Melancholy, here's an unconventional tackle a topic that's appropriate to us all. it really is quirky convenience for the (literally) negative soul: supplying old and geographic point of view, ponderings on consumerism and credits ratings, or even recipes for ramen noodles.
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Additional info for Broke Is Beautiful: Living and Loving the Cash-Strapped Life
13 International Comparisons I have said nothing so far of the comparison of American incomes with those of other nations. In absolute figures—in gross national product per capita, in ownership of passenger cars and TV sets, in use of telephones, in working time required to buy a meal—these comparisons have been all heavily in favor of the United States. In 1968, the per capita gross national 12. Miller, op. cit, p. 150. 13. , p. 157. 14 More immediately relevant to the subject of this chapter is a comparison of the distribution of income in the United States with that in other countries.
Let us begin with some overall figures. 5 At such a rate the production of the country has been more than doubling every 24 years. 1 Source: Department of Commerce. 4. , New York, Macmillan, pp. 3-4. 5. Based on estimates by the Department of Commerce expressed in "constant" (1958) dollars. 42 In the ten years from 1939 to 1949, then, the real gross national product of the country increased 55 percent; in the twenty years from 1939 to 1959 it increased 127 percent; in the thirty years from 1939 to 1969 it increased 242 percent.
In the automobile industry, for example, some material is being mined, some exists in the form of raw materials, some in finished or semifinished parts; some cars are going through the assembly line, some are on the factory lots awaiting shipment, some are in transport, some are in dealers' hands, some are being driven off by the ultimate buyers; most are in use, in various stages of depreciation and wear and need of replacement. In brief, production, distribution, and consumption all go on continuously and concurrently.
Broke Is Beautiful: Living and Loving the Cash-Strapped Life by Laura Lee