the septenary (diapholom) wrote,
the septenary
diapholom

thinking cap on

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"If you want to create wealth, it will help to understand what it is. Wealth is not the same thing as money.

The Pie Fallacy

A surprising number of people retain from childhood the idea that there is a fixed amount of wealth in the world.

The people most likely to grasp that wealth can be created are the ones who are good at making things, the craftsmen.

In our world, you sink or swim, and there are no excuses. When those far removed from the creation of wealth-- undergraduates, reporters, politicians-- hear that the richest 5% of the people have half the total wealth, they tend to think injustice!
An experienced programmer would be more likely to think, "is that all?" The top 5% of programmers probably write 99% of the good software.

Wealth can be created without being sold. Scientists, till recently at least, effectively donated the wealth they created. We are all richer for knowing about penicillin, because we're less likely to die from infections. Wealth is whatever people want, and not dying is certainly something we want."

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http://www.paulgraham.com/wealth.html

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Who, being loved, is poor? -Oscar Wilde
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