Good Blog Post on the PP
Posted: Fri Jul 20, 2012 1:03 pm
Yeah, pretty good.
I think the PP should naturally appeal to highly religious people since many of its precepts are similar to the ones in religious texts. Moderation, humility, timeless advice, patience, stewardship of resources, and devoting minimal thought to the accumulation of wealth.
Incidentally I also think it could appeal to lefty anti-private sector types since it has a relatively high allocation to government bonds and low allocation to stocks, which are held in an index fund that keeps Wall Street on a very tight leash. I haven't seen that happen yet though.