The Origin of Wealth
Book description
Over 6.4 billion people participate in a $36.5 trillion global economy, designed and overseen by no one. How did this marvel of self-organized complexity evolve? How is wealth created within this system? And how can wealth be increased for the benefit of individuals, businesses, and society? In The Origin of…
Why read it?
2 authors picked The Origin of Wealth as one of their favorite books. Why do they recommend it?
Talking about money with people, the subject of rich and wealthy often comes up since people may think that’s what true retirement is.
Questions while developing my book came up like what is wealth and how is wealth created? Is there a difference between wealthy and being rich? How can everyday people use understanding wealth in their own personal financial affairs? Do you really need to be wealthy or rich to retire?
To answer these questions, a brief historical context discussed in this book helps us understand the evolution of wealth from how many sheep or other specialized skills you…
From Larry's list on issues that confuse many people about money.
This is a big book with big ideas.
Beinhocker looks at an economy as an evolutionary social system and builds on complex adaptive systems theory to describe the way that economies evolve to produce new goods and services, and in the process, increase wealth.
The book describes the evolution of the global economy from primitive times to the present, and explains how institutions such as financial markets have developed to facilitate economic activity. The book is well-written and a joy to read.
If you start reading the book, you will be compelled to finish it.
From Randall's list on entrepreneurship and economic progress.
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