The Changing Money Myth In the movie “The Artist,” George Valentin gets caught up with the advent of movie sound and left behind as an actor. Like the typewriter repair person, he is rendered useless by technological change. In a tribute to the old Hollywood silent days it is against all odds that a movie [...]
Exercise: What have you done in your life that was done for money but felt wrong since you believed that you didn’t have a better choice? As each person ages, we must decide at what point do we apply the label “old” to ourselves. Like becoming rich, there is not one point when you are [...]
I dream worlds. They are other worlds which I figure must be in alien realms or distant lands. I used to dream about relationships which contained the characters in my life like one would view a play at a theater. No more, I only see some bizarre world where I can’t explain what happens or [...]
Europe is on the brink. They’re goin’ down. No wait. They can contain it. We’re okay for now. Gee, it’s only Greece. No wait. It may spread to Spain and Italy. Everyone watches and tries to gage where this is all going. The markets are pacified one day and panicked the next. What everyone knows [...]
The Story of I, We, and IT continued The history of homo-economicus has always been about a battle between the I and the We. For each side, the IT has always been about equality. The I’s want equality of prospects for individuals to have the freedom to pursue the goals and motivations without government getting [...]
Around twenty years ago, I started out in the financial services industry. While my goal was to become a Certified Financial Planning practitioner, I had to go through the courses and pass that exam in order to start my own firm. In the meantime, I started learning the ropes while hoping at the time that [...]
My daughter is about to graduate from college and my son is about to graduate from high school. As many parents, while I am extremely proud, however, I worry about the opportunities that await them. When I think about how the world will change for them, my twisted mind seems to wrestle with college graduation [...]
…Thou Shalt Buy Meaning. Thou Shalt Sell Money. Thou Shalt Hold Change How to Be a Productive Economic Being in a Changing World Here are two sugar world stories. About fifteen years ago, Joshua M. Epstein and Robert Axtell created Sugarscape, a simplified computer model for how an economy can take shape. There was a [...]
When the bottom fell out of the economy at the end of 2008, a lot of people had to change a lot about their lives. Some who saw their retirement accounts drop by 40% or more had to put off retirement. Some people lost their houses. Some, like one client I had, just wondered if [...]
I have spent many years trying to find out if our relationship to money can make our lives better. I have had hundreds of conversations in my work with money and read just as many books on the subject. There is one key ingredient that can start us on our path to a better life. [...]