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Image: Wikipedia (public domain)

Can how you move change how you think?

Scientists have long thought of the brain as a “control center” for the body – a kind of computer that dictates how we move. But what if how we walk and stand and gesture could actually change how we think?

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in collaboration with Spotlight on Poverty and Opportunity

Privatize Social Security (like Chile has)

File under: personalfinance, taxes

0 (0 votes)

From: Adakin V., Charleston, SC

Please note that "poverty" is relative. According to "The Economist" magazine, what is called poverty in the United States is equal to the same standard of living that the "average" worker in Europe has.

Take a look at this:

http://www.etftrends.com/2009/06/7-reasons-like-chile-its-etf/

Please note item six: "Chile boasts a poverty rate of 13%, down from 39% in 1990."

So what happened in Chile over the past 20 years?

What happened was the maturity of Chile's social security paradigm, where individuals own their accounts -- they invest what would have gone to government-run Social Security into a private retirement account. And when a worker dies, the lifetime of accrued contributions and compounding interest is part of his or her estate, going to heirs and favorite charities.

Just think of the macro-economic benefits to a young family when grandparents die and leave them with enough to pay off their mortgage, or fund their kid's college, or allow them to buy that business franchise, or invest in whatever opportunity avails itself. Just think of the young couple whose grandparents die when they are in their 20s or 30s, and whose parents die when they are in their 50s or 60s. These periodic slugs of capital are outside of this couple's normal earnings. And it's these slugs of capital that blossom into real wealth creation once that family's normal everyday needs are satisfied.

The Chilean Social Security paradigm is the best solution to systemic poverty, because it allows multi-generational wealth accrual.


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American RadioWorks |
Image: Wikipedia (public domain)

Can how you move change how you think?

Scientists have long thought of the brain as a “control center” for the body – a kind of computer that dictates how we move. But what if how we walk and stand and gesture could actually change how we think?

Recent Posts

  • 05.12.15

    Forest Schools

    What if one day a week, school was in the woods? On the podcast, Emily Hanford takes us to Vermont to understand why teachers wanted to take their students into the forest, and what the kids -- and the teachers -- are learning from it.
  • 05.06.15

    Exposing Conditions at Native Schools

    There are 183 federally-run Bureau of Indian Education schools in the nation, and about a third of these are in poor condition. Some students at BIE schools deal with poorly-insulated classrooms, holes in the roof, rodents, and other issues on a daily basis.
  • 04.29.15

    Green Teachers

    A generation ago, if you walked into an American classroom, you’d likely find a veteran teacher who'd been on the job for 15 years or more. Today you're more likely to find a brand-new teacher – someone who's been the job for a year or less.
  • 04.22.15

    The First Gen Movement

    Over the past decade many elite colleges have taken great strides to admit low-income students, but there are unanticipated financial and cultural barriers to fitting in on campus that can’t easily be solved by merely giving students a foot in the door. Questions of class differences have spurred a nationwide movement of “first generation” student clubs on college campuses.