![]() ![]() The theory has been cited with regard to analyses of the prices of boots, gas prices, and economic conditions in the United Kingdom. Inspirations may have included similar scenes in Robert Tressell's 1914 novel The Ragged-Trousered Philanthropists and a 1954 column for The Observer by Paul Jennings. ![]() In the novel, Sam Vimes, the captain of the Ankh-Morpork City Watch, illustrates with the example of boots. The term was popularized by English fantasy writer Sir Terry Pratchett in his 1993 Discworld novel Men at Arms. The Sam Vimes "Boots" theory of socioeconomic unfairness, often called simply the boots theory, is an economic theory that people in poverty have to buy cheap and subpar products that need to be replaced repeatedly, proving more expensive in the long run than more expensive items.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |