Can somebody tell me what’s in that book, why does everybody when talking about books about economics start gloating they’ve read that?
It’s a bunch of made up stories about the author’s rich mentor who is also made up. It sounds like something a stupid person would think a smart person would write, so it makes sense that every stupid person or economist (but I repeat myself) you know thinks it’s a super insightful text. The author himself is a serial scam artist who’s embezzled and cheated his way through dozens of businesses he founded, and currently is a billion dollars in debt. No, seriously—billion with a B.
In addition to what others have said, the book is “about” reinforcing the idea to middle class strivers that no one in America “needs” to be poor. That wealth is attainable for anyone willing to work hard at it, thus poverty is a choice and so any social welfare is either unnecessary or outright harmful.
Can somebody tell me what’s in that book, why does everybody when talking about books about economics start gloating they’ve read that?
It’s a bunch of made up stories about the author’s rich mentor who is also made up. It sounds like something a stupid person would think a smart person would write, so it makes sense that every stupid person or economist (but I repeat myself) you know thinks it’s a super insightful text. The author himself is a serial scam artist who’s embezzled and cheated his way through dozens of businesses he founded, and currently is a billion dollars in debt. No, seriously—billion with a B.
In addition to what others have said, the book is “about” reinforcing the idea to middle class strivers that no one in America “needs” to be poor. That wealth is attainable for anyone willing to work hard at it, thus poverty is a choice and so any social welfare is either unnecessary or outright harmful.
the thesis is basically ‘one guy exploited ppl so he’s rich, my dad didn’t so he’s poor’