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The Boots Theory: Why Being Poor Is More Expensive
Автор: Teddy Money Lab
Загружено: 2026-02-01
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The Boots Theory explains why being poor often costs more than being rich.
Originally described by Terry Pratchett, this idea shows how low-quality goods force people to spend more money over time, trapping them in a cycle of poverty.
In this video, we break down the Boots Theory in simple terms and explain why it still matters today.
💭 Sometimes the problem isn’t bad choices — it’s the system.
#BootsTheory #Inequality #Economics #Poverty #SocialIssues #Philosophy #Explained
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