In Pursuit of Wealth
The Moral Case for Finance

In Pursuit of Wealth: The Moral Case for Finance by Yaron Brook & Don Watkins A short Book Report by Ron Housley Ever since my High School days, I’ve heard the claim that our national financial woes are all due to government injecting itself by force into the economic system. Most of my friends cavalie......more

This moral case for finance is beautiful and inspiring. The best summary of it is captured in the brilliant example. Imagine a reasonable Alien comes down to Earth and observes our financial system. Here is how a conversation with a human would go: Alien: So let me get this straight. You give someone......more

This book is for anyone who wishes to unlearn many of the misconceptions and economic fallacies that are taught in public schools (including universities). It is not a guide on how to pursue wealth but rather a moral defense of those who have chosen to pursue wealth as their profession or anyone who......more

The main point is a simple, Finance is not always a zero sum game. By loaning money, investing and advising wealth is created, there would be no place for savers to have their pool of capital used by business people, there would be no economy really. Like any service, if someone values it enough to......more

While I agree with with the authors that the most efficient and beneficial financial mechanism for society is a free market unfettered from government intrusion, I think it's a fatuous overreach to claim laissez-faire capitalism is a basis of morality. Were my neighbor to ask for a lift somewhere be......more