A problem with the relative poverty measure is that it doesn't matter how much you earn in relation to your neighbors if that money can't buy what yo… - Peter Diamandis
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A problem with the relative poverty measure is that it doesn't matter how much you earn in relation to your neighbors if that money can't buy what you need. The easy availability of goods and services is another critical factor in determining quality of life, but that availability varies tremendously according to one's geography.
Peter H. Diamandis (born May 20, 1961) is an American engineer, physician, and entrepreneur. He is best known as the founder and chairman of the XPRIZE Foundation, and the cofounder and executive chairman of Singularity University. He is also cofounder and former CEO of the Zero Gravity Corporation, cofounder and vice chairman of Space Adventures Ltd., founder and chairman of the Rocket Racing League, cofounder of the International Space University, cofounder of Planetary Resources, cofounder of Celularity, founder of Students for the Exploration and Development of Space, and vice chairman and cofounder of Human Longevity, Inc.
By 9 am every day, you've probably already surfed the internet for knowledge, moved money, and spoken to someone across the planet.
150 years ago, you'd be called a god; now you call it Tuesday.
there's over five thousand times more solar energy falling on the planet's surface than we use in a year. Once again, it's not an issue of scarcity, it's an issue of accessibility.
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