How we measure wealth, riches, abundance, and well-being is 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 profits
What led to the dramatic increase in life expectancy and wealth in the 20th and 21st centuries
How a long life expectancy and well-being can be attained at much lower levels of wealth
Why John Maynard Keynes was right about the expansion of the economy but wrong about how many hours we would work
How the U.S. expanded its wealth relative to the rest of world, and at what cost
Why natural capital should be included in measuring wealth
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