An Inquiry into the Nature and Causes of the Wealth of Nations
How to Make Wealth
paulgraham.comBy the eighteenth century, a new ideology was taking form, especially in Britain, that “greed is good” (to use a recent summary formulation), because greed spurs a society’s efforts and inventiveness. By giving vent to greed, the logic goes, societies can best harness the insatiable ambitions, great energies and ingenuity of their citizens. While g
... See moreJeffrey D. Sachs • The Ages of Globalization: Geography, Technology, and Institutions
- Nothing is free. To acquire anything requires an expenditure of time, energy, or money. (Not even natural resources can be used without an application of effort — whether that be cutting down a tree or picking up an apple.) 2. Anything you want that you can’t provide entirely for yourself requires an exchange with someone else. 3. A one-sided trans
Harry Browne • How I Found Freedom in an Unfree World
Retail trade, we are told, is not a natural part of the art of getting wealth (1257a). The natural way to get wealth is by skilful management of house and land. To the wealth that can be made in this way there is a limit, but to what can be made by trade there is none. Trade has to do with money, but wealth is not the acquisition of coin. Wealth de
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