How we measure wealth, riches, abundance, and well-being is more important today than ever. Topics covered include: Show Notes An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith—Early Modern Texts About Adam Smith—Adam Smith Institute An Inquiry Into the Nature and Origin of Public Wealth and Into the Means and Causes of Its Increase by The Earl of Lauderdale—McMaster University Principles for Dealing with the Changing World Order: Why Nations … [Read more...]
390 Plus: Why Stock Markets Rise, Analyzing Crowdfunded Real Estate, and Roofstock One
In Plus episode 390, we explore why stock markets generally appreciate over the long-term. We review how to analyze real estate deals sourced from real estate platforms like Crowdstreet. Finally, we review a way to invest in single-family rental homes using tracking stocks available via Roofstock One. Become a Member If you would like to listen to this episode of Money For the Rest of Us Plus, you can do so by becoming a Money For the Rest of Us Plus member. Learn More About … [Read more...]
282: Is GDP the Best Measure of Happiness and Well-Being?
How to Calculate GDP Gross domestic product (GDP) is the monetary value of a nation’s output. Output means the value of goods and services produced over a given period both in nominal terms, but also in real or inflation-adjusted terms. GDP does not measure the number of goods and services produced, but the value of those goods and services in dollars or some other currency. GDP cannot be observed directly. Instead, government statisticians estimate the value of GDP by either calculating … [Read more...]
78: What If the Economy Permanently Stopped Growing
How a zero-growth economy would impact investing, employment and lifestyle. It depends on whether the economy is flat lining due to population shrinkage or a willful choice to be less productive. In this episode you'll learn: How economic growth is measured.Why long-term economic growth is tied to population growth and/or productivity growth.How population decline can lead to deflation, stagnating stock markets and falling bond yields.What happens if Japan defaults on its … [Read more...]
How To Analyze GDP Data Using the U.S. Q1 GDP Release
This video lesson analyzes the First Quarter 2015 U.S. Gross Domestic Product release. The purpose of the video is to show you what I look for in GDP releases as potential indicators for a change in economic trends. The episode length is 28 minutes. … [Read more...]
8: What If Everyone Worked Only Four Hours Per Day?
We can have sustainable economic growth and a thriving stock market while working less and enjoying life more. In this podcast, you'll learn: Show Notes Short Video on Scott and Helen Nearing - Living the Good Life John Maynard Keynes talk - Economic Possibilities for Our Grandchildren Martin Wolf article on leisure - Enslave the Robots and Free the Poor My essay on how living the Good Life is like hitting the sweet spot - Living the Good Life Summary … [Read more...]