Andrew Yang: How financial insecurity sinks American IQ scores | Big Think
March 12, 2019
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Not being able to pay your bills has the functional equivalent of lowering your IQ by 13 points. Many Americans have scarcity mindsets because of their inability to pay their bills.
In a scarcity mindset, your functional bandwidth decreases — it influences you to be less generous and less reasonable.
The opposite of a mindset of scarcity is a mindset of abundance, which is what many entrepreneurs have. Abundance mindsets tend to build on to themselves if the environment is right.
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ANDREW YANG:
Andrew Yang is an entrepreneur and author who is running for President as a Democrat in 2020. In his book The War on Normal People, he explains the mounting crisis of the automation of labor and makes the case for the Freedom Dividend, a Universal Basic Income of $1,000 a month for every American as well as other policies to progress to the next stage of capitalism.
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