Hillbilly Elegy Economics Lesson: Culture Matters
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Netflix’s adaptation of J. D. Vance’s autobiography,
Hillbilly Elegy: A Memoir of a Family and Culture in Crisis, is more than a rags-to-riches story. It dramatizes one the most important points in economics. For those unfamiliar with it, the summary from Wikipedia says,
“Vance describes his upbringing and family background while growing up in the city of Middletown, Ohio, the third largest city in the Cincinnati metropolitan area. He writes about a family history of poverty and low-paying, physical jobs that have since disappeared or worsened in their guarantees and compares this life with his perspective after leaving that area and life.”
December 13, 2020 | Time To Heel
Jim Quinn James Quinn has held financial positions with a retailer, homebuilder and university in his 30 year career. Those positions included treasurer, controller, and head of strategic planning. He earned a BS in accounting from Drexel University and an MBA from Villanova University. He is a certified public accountant and a certified cash manager.
“Whether in actual fact the policy of the boot-on-the-face can go on indefinitely seems doubtful. My own belief is that the ruling oligarchy will find less arduous and wasteful ways of governing and of satisfying its lust for power, and these ways will resemble those which I described in Brave New World. Within the next generation I believe that the world’s rulers will discover that infant conditioning and narco-hypnosis are more efficient, as instruments of government, than clubs and prisons, and that the lust for power can be just as completely satisfied by suggesting people into loving their s