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How Should Personal and National Wealth Be Measured?

How Should Personal and National Wealth Be Measured?

FromMoney For the Rest of Us


How Should Personal and National Wealth Be Measured?

FromMoney For the Rest of Us

ratings:
Length:
28 minutes
Released:
Apr 26, 2023
Format:
Podcast episode

Description

How we measure wealth, riches, abundance, and well-being are more important today than ever.Topics covered include:How late 18th century philosophers Adam Smith and the Earl of Lauderdale defined wealth and the role of capital. Why they worried about income inequality and excess profitsWhat led to the dramatic increase in life expectancy and wealth in the 20th and 21st centuriesHow a long life expectancy and well-being can be attained at much lower levels of wealthWhy John Maynard Keynes was right about the expansion of the economy but wrong about how many hours we would workHow the U.S. expanded its wealth relative to the rest of world, and at what costWhy natural capital should be included in measuring wealthSponsorsMoney Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial situation. Go here to schedule your free session.Brooklinen Use code DAVID20 for $20 off plus free shippingInsiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter.Show NotesAn Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith—Early Modern TextsAbout Adam Smith—Adam Smith InstituteAn Inquiry Into the Nature and Origin of Public Wealth and Into the Means and Causes of Its Increase by The Earl of Lauderdale—McMaster UniversityPrinciples for Dealing with the Changing World Order: Why Nations Succeed and Fail by Ray Dalio—Simon & SchusterThe Economics of Biodiversity: The Dasgupta Review—GOV.UKLess Is More: How Degrowth Will Save the World by Jason Hickel—Penguin Random HouseEconomic Possibilities for Our Grandchildren by John Maynard Keynes—YaleAmerica’s economic outperformance is a marvel to behold—The EconomistHow Much is Enough? Money and the Good Life by Robert Skidelsky and Edward Skidelsky—Penguin Random House See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Apr 26, 2023
Format:
Podcast episode

Titles in the series (100)

A personal finance and investing podcast on money, how it works, how to invest it and how to live without worrying about it. J. David Stein is a former Chief Investment Strategist and money manager. For close to two decades, he has been teaching individuals and institutions how to invest and handle their finances in ways that are simple to understand. More info at moneyfortherestofus.com