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"Time for Things seeks an answer to the question of why, in mature industrial capitalist societies, increasing productivity has tended to get used to increase output and consumption as opposed to reducing the burden of work. Put simply, why do we live in a world so full of goods, many of which...
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We examined financial literacy among the young using the most recent wave of the 1997 National Longitudinal Survey of Youth. We showed that financial literacy is low; fewer than one-third of young adults possess basic knowledge of interest rates, inflation, and risk diversification. Financial...
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