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Ep. 35 Morgan Housel | Going Deeper on the Psychology of Money

Prime Talks

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Wealth Is What You Don't See

Amitai Etzioni: What's the purpose of money if you're not going to spend it? He says wealth is unspent capital that gives people independence and autonomy. If you can't control your calendar, he writes, "then it doesn't matter how much money you have in the bank" To him, living like a monk wouldn't generate most happiness.

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