“In effect, something we often think of as undesirable (high inequality) has been a signal of something positive in big cities (a strong economy). And in Binghamton, relatively low inequality has been a signal of a weak economy.”
Conversation
Big cities are blackholes
Inequality within them is the stretching of space time around them
Time preference slowly gets reshaped from very high to very low as you traverse socially from minimum wage to billionaire
Social stress = performed time preference vs actual
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