Sign in Get started

Tagged in

Economics

MoneyMirage

Understanding real wealth creation

More information

Followers

14

More, on Medium

Economics

Alan Mitchell in MoneyMirage

28. Why do humans make things?

To make their lives better, of course. But ‘better’ isn’t about ‘making money’ or ‘economic growth’. It’s about realising our humanity.

Alan Mitchell in MoneyMirage

14. The 3As of wealth creation

All real wealth creation boils down to just three things: achievability, affordability and availability.

Alan Mitchell in MoneyMirage

13. On the shoulders of giants

Everything we rely on to survive in our daily lives exists because somebody, somewhere, worked out how to make it. Cherish this feat!

Alan Mitchell in MoneyMirage

12. How is wealth created?

If money does not equal wealth, and money-making doesn’t equal wealth creation, what is the fundamental building block of wealth creation?

Alan Mitchell in MoneyMirage

11. Are markets the engines of wealth creation?

Five reasons why markets are not the Magic Wand they’re made out about to be and what that means for our prosperity and wellbeing.

Alan Mitchell in MoneyMirage

10. Alfred Marshall’s dustbin

How the founding father of modern economics carefully and deliberately excluded the study of wealth creation from ‘economics’.

Alan Mitchell in MoneyMirage

‘Economics’: the modern mystification machine

Why economics is to understanding wealth creation as astrology is to astronomy and alchemy is to chemistry.

Alan Mitchell in MoneyMirage

8. The nature of the beast

Major political parties are united in denial about the scale and nature of the social and economic problems created by financial cancer.

Alan Mitchell in MoneyMirage

7. The ‘up’ escalator stalls

Financial cancer is undermining our society’s ability to create wealth…

Alan Mitchell in MoneyMirage

3. Financial cancer and ‘growth’

For decades policy makers promoted financial services as a driver of economic growth. In fact, they have been promoting an economic cancer.