The World's Best Book Summaries
What does “capital’s share of income” mean? Should you worry about capital accumulating national income? Thomas Piketty warns that the rising capital-to-income ratio will result in capital accumulating an ever-growing share of national income. In his book Capital in the Twenty-First Century, he explains how this happens and why it’s bad. Continue reading to understand how capital’s share of income contributes to inequality.
Do female refugees have gender-specific concerns? If so, why don’t they report them? Caroline Criado Perez, the author of Invisible Women, contends that sometimes female refugees suffer from sexual violence by male authority figures. It’s also not easy to support it because of certain taboos and a lack of support. Read below for gender-specific issues that female refugees could potentially face.
What are the most important quotes from Getting the Love You Want? How can these quotes help you heal your childhood wounds? According to Harville Hendrix and Helen LaKelly Hunt, you can engage your conscious mind to take control of your relationship. You can do this by becoming aware of the subconscious needs that drive what you expect from your significant others. Read below for insightful Getting the Love You Want quotes with explanations.
What happened on Elephant Island while Ernest Shackleton fulfilled his rescue mission? Who was in charge on Elephant Island? After the Endurance ship sank, Ernest Shackleton and his crew headed to Elephant Island. There, Shackleton put Frank Wild in charge as they awaited rescue. Continue reading to find out what happened on Elephant Island, Ernest Shackleton’s plan for rescue, and how long the crew was on the Island.
What is the future of population growth? How does population affect the economy? In Capital in the Twenty-First Century, Thomas Piketty says that population growth will likely slow in future decades. This means that production will slow down and the capital-to-income ratio will rise. Check out why the future of population growth is essential for the economy.
What are the most memorable Invisible Women quotes? What are the most noteworthy passages worth revisiting? In Invisible Women, feminist campaigner Caroline Criado Perez argues that most humans operate under a male-as-default mindset, which causes a gender data gap. When there is no data about women, people (especially men) assume that the experience of the average man represents the experience of the average woman. Below is a selection of quotes from Invisible Women with explanations.
What does economic gender inequality look like? What are women’s economic disadvantages? Caroline Criado Perez asserts that the gender data gap harms women’s economic standing. This is a failure that results in discriminatory systems that harm women’s finances. Read more to learn how the gender data gap results in workplaces that don’t consider women’s needs.
What are the effects of childhood trauma on your adult life? How does childhood trauma affect romantic relationships? In Getting the Love You Want, therapists Harville Hendrix and Helen LaKelly Hunt suggest that your unconscious mind chooses a mate who will help you resolve the wounded parts of your childhood. When your partner fails to meet your unconscious expectations, your relationship falls apart. Check out how your childhood affects your adult relationships below.
How did Ernest Shackleton step up as a leader when the Endurance sank? What are lessons on leadership to take away from Shackleton’s experience? In 1914, Ernest Shackleton and 27 other men set out on the Endurance ship to Antarctica, but the ship became trapped in ice. Shackleton effectively led his team through a time of crisis, and all the men survived because of his leadership skills. Learn more about Ernest Shackleton’s leadership skills from Alfred Lansing’s book Endurance.
What is the capital-to-income ratio? How does it help us understand wealth inequality? According to Thomas Piketty, the capital-to-income ratio is the total stock (meaning the total inventory) of all the assets owned by residents of a country divided by total national income. Piketty further stresses that national capital and national income aren’t the same things. Keep reading for an in-depth look at the capital-to-income ratio.