Unlimited Wealth PDF by Paul Zane Pilzer
Download Unlimited Wealth PDF book free by Paul Zane Pilzer – From Unlimited Wealth PDF: Modern technology is transforming our most basic ideas about the creation of wealth. This book reveals how a new way of economic thinking is essential for success in today’s world. Buy from Amazon
Table of Contents
Unlimited Wealth PDF
Excerpt from Unlimited Wealth PDF — Introduction
For the past four hundred years, virtually all practitioners of the dismal science we call economics have agreed on one basic premise: namely that a society’s wealth is determined by its supply of physical resources–its land, labor, minerals, water, and so on. And underlying this premise has been another, even more profound, assumption–one supposedly so obvious that it is rarely mentioned: namely, that the entire world contains a limited amount of these physical resources. Unlimited Wealth PDF
This means, from an economic point of view, that life is what the mathematicians call a zero-sum game. After all, if there are only limited resources, one person’s gain must be another person’s loss; the richer one person is, the poorer his neighbors must be.
Over the centuries, this view of the world has been responsible for innumerable wars, revolutions, political movements, government policies, business strategies, and possibly a religion or two.
Once upon a time, it may even have been true. But not anymore.
Whether or not we ever did, today we do not live in a resource-scarce environment. That may seem hard to believe, but the businessperson and the
politician–as well as the butcher, the baker, and the candlestick maker–who
continue to behave as if they were operating in the old zero-sum world will soon find themselves eclipsed by those who recognize the new realities and
react accordingly. Unlimited Wealth PDF
What are these new realities? To put it simply, we live today in a world of
effectively unlimited resources–a world of unlimited wealth. In short, we live in what one might call a new Alchemic world.
The ancient alchemists sought to discover the secret of turning base metals into gold; they tried to create great value where little existed before. But an analysis of their writings shows that they were on a spiritual as well as a monetary quest. They believed that by discovering how to make gold they could offer unlimited prosperity to all of God’s children. And, although in our era the term alchemy is often equated with “false science” and fraud, the ancient alchemists were successful in their quest in a manner that they could not have anticipated. Unlimited Wealth PDF
Consider this: if the ancient alchemists had succeeded in fabricating gold, gold would have become worthless and their efforts would have been for naught. Yet, through their attempts to make gold, they laid the foundation for modern science, which today has accomplished exactly what the alchemists hoped to achieve: the ability to create great value where little existed before. We have achieved this ability through the most common, the most powerful, and the most consistently underestimated force in our lives today–technology.
In the alchemic world in which we now live, a society’s wealth is still a function of its physical resources, as traditional economics has long maintained. But unlike the outdated economist, the alchemist of today recognizes that technology controls both the definition and the supply of physical resources. In fact, for the past few decades, it has been the backlog of unimplemented technological advances, rather than unused physical resources, that has been the determinant of real growth.
Excerpt from Unlimited Wealth PDF — Preface to the 1994 Updated Edition
“Elias!” I only called my father by his first name when I was angry with him.
“How could you give Tony another raise?” Tony, a Puerto Rican cutter whom we had trained and promoted from a floor sweeper, had missed two days last week, and we had to pay the guaranteed minimum, $1.65 per hour, to two piece-workers who had no work to sew.
“I had to,” he shrugged. “His wife had another baby. A boy this time. That’s
why he forgot to call in.” Unlimited Wealth PDF
I was unimpressed. I felt that Tony, at 24 (only four years older than myself), shouldn’t have any kids, let alone four already, and all living with him in the Bronx on only $200 a week.
“But Dad,” I objected, “he cost us $75 last week just by not calling in, let
alone what the buyer at Macy’s is going to do to us when he finds out we didn’t ship his order. Listen to me! Please! We’re going broke and you’re going
around giving raises to people we should be firing. You just don’t understand!”
“Don’t speak like that,” he said sympathetically. “You can’t fire Tony…where would he go? He barely speaks English. He’d end up as a floor sweeper somewhere at minimum wage.
“But Dad, we can’t make it anymore. You just don’t understand, do you?”
“No son,” he said, “you don’t understand. It’s not worth being in business if you can’t extend a hand to people who haven’t had all of your advantages. Go
to Wharton next year. Study hard. Figure out how you can make your million bucks and how we can stay in business to make jobs for the Tonys of this world. Then you’ll understand.” Unlimited Wealth PDF
* * *
My father was a religious man. He firmly believed in a true and just God who had a reason for everything. To him, an Eastern European immigrant who had seen his homeland destroyed during the Holocaust, the tragedies and misfortunes of human existence were simply the parts of God’s plan that we could not yet understand. His philosophy was perhaps best summed up in the Kaddish, the Hebrew prayer for the dead–the prayer that, as the son of a religious Jew, I recited every morning for a year following his death in 1979.
The Kaddish is recited in Aramaic, the spoken language of the Jewish people in ancient times; it was originally written in Aramaic so that every member of the community would understand it. Yet even more significant than the fact that the Hebrew prayer for the dead is not recited in Hebrew is the fact that this prayer for the dead contains no mention whatsoever of death. Rather, in the midst of sorrow the Kaddish affirms our belief in the meaningfulness of life itself and our faith in a just and true God…even if He moves in what may seem to us to be mysterious ways. Unlimited Wealth PDF
My father, who spent virtually his whole life working to support his family, viewed his own business shortcomings and society’s economic problems as one and the same: both were the result of our failure to understand and utilize the tools that God had given us. Even while he was dying of cancer in 1979, he never wavered for a moment in his belief that God was just and that human suffering was part of a divine plan that we did not yet understand. He firmly believed, as Albert Einstein once said, that God does not play dice with the
To a man like my father, it was inconceivable that God would allow people to multiply in the billions and yet deny them the ability to feed and shelter themselves. Yet, like a loving father, God would not simply hand over to his children everything they needed. Rather, He would give them the necessary tools and allow them to discover how to use the tools to take care of themselves. Unlimited Wealth PDF
I began my studies at Wharton Graduate Business School in 1975 with this belief: that human suffering and social injustice reflected nothing more than our failure to use the tools that God had given us. I remember my shock upon learning in my first class that the entire field of economics is based on the concept of scarcity–that is, that there is a finite amount of resources in the world–and that the best we can hope for is to figure out a better way of dividing them. Not only did this contradict everything I had seen as the upwardly mobile child of an immigrant, but it contradicted my entire belief in a true and just God, for such a God would not have created a world of limited resources in which one person’s gain would have to be another person’s loss.
At Wharton, it seemed to me that the science of economics had advanced only to where the science of medicine was at the beginning of the 19th century. Before we discovered the underlying theories that explained bacterial infections, and thus inoculations and antibiotics, we knew from experience what few medicines and treatments worked–applications. However, without an underlying theory explaining why, we were unable to learn and grow from our experiences, and, more significantly, only a select few could afford what little medical care existed. Similarly, my professors were able to teach me what worked–in applications courses such as marketing, finance, and management–but were unable to teach me why–in theoretical courses such as micro- and macroeconomics.
I felt then that the underlying theories behind business, which are based on the classical economic concept of scarcity, were wrong. But I did not have a theory to substitute in their place. This began my 15-year quest for a business theory that could better explain the past and predict the future. And, more important, the business theory consonant with a just and true God, which would allow everyone, not just a select few, to share in a better and better world. Unlimited Wealth PDF
Paul Zane Pilzer
Park City, Utah
Editorial Reviews – Unlimited Wealth PDF
From Publishers Weekly
Pilzer’s upbeat, jargon-coining manual is a mix of questionable assertions, glib pop economic analysis and sweeping proposals, some on-target. His “theory of alchemy” holds that we live in a world of unlimited economic resources, circumscribed only by our inability to take advantage of the best technology available for a given production problem. “Alchemists” devise new goods or new services, orchestrating change and exploiting technological gaps. The author, adjunct professor of finance at New York University, has served as an adviser to the Reagan and Bush administrations. His proposals for a restructuring of public and private education (including government tuition grants to every child) and for a national child-care program seem at once far-reaching and impractical. He also recommends a flexible immigration policy that would admit up to three million additional immigrants yearly to fill “a critical shortage of labor.” Equally controversial is his analysis of a Japan that he sees heading toward economic disaster.
Copyright 1990 Reed Business Information, Inc.
From Library Journal
The coauthor of Other People’s Money ( LJ 11/15/89), a history of the savings and loan industry, here turns his attention to more general economic questions. Standing traditional economics on its head, Pilzer argues that the true problem is not lack of resources but lack of demand. Technology has abolished resource scarcity, he asserts, and become the driving force shaping demand, economic wealth, and progress. He discusses the impact of this development on education, immigration, and the U.S. relationship with Japan. Ultimately the book is not so much a direct challenge to current economic thinking as a call for a change in emphasis. Useful for large libraries seeking complete collections.
– Richard C. Schiming, Mankato State Univ., Minn.
Copyright 1990 Reed Business Information, Inc.
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Biography – Unlimited Wealth PDF
Paul Zane Pilzer is an economist, social entrepreneur, professor, public servant, and the New York Times bestselling author of 11 books and dozens of scholarly publications.
Pilzer completed Lehigh University in three years and received his MBA from Wharton Business School in 15 months at age 22. He became Citibank’s youngest officer at age 22 and its youngest vice president at age 25. He was appointed a professor at New York University at age 24 where he taught for 21 years and was five times voted “best teacher.” He has started, and/or taken public, six companies in K-12 education and health benefits with a market capitalization of approximately $1 billion.
In education, he is the Founder of Zane Publishing (1989), The American Academy (2005), and ZaniacLearning.com (2011), three leading companies using technology to improve K-12 education worldwide.
In health benefits, he is the Founder of Extend Health (1999) and Zane Benefits (2006), suppliers of personalized health benefits to U.S. employees in every state. Extend Health was acquired by Towers Watson in 2012 for $435 million.
In public service, he was an appointed economic advisor in two U.S. presidential administrations (1983-1989) and today advises CEOs and government leaders worldwide. Pilzer’s book on government financial crisis, Other People’s Money (Simon & Schuster), was critically acclaimed by The New York Times and The Economist magazine.
Pilzer’s book Unlimited Wealth (Crown) explains how we live in a world of unlimited physical resources because of rapidly advancing technology. After reading Unlimited Wealth, the late Sam Walton, founder of Wal-Mart, said that he was “amazed at Pilzer’s business capacity” and his “ability to put it into layman’s terms.”
Pilzer’s book God Wants You to be Rich: The Theology of Economics (Simon & Schuster) explains how the foundation of our economic system is based on our Judeo-Christian heritage. This New York Times business best-seller has been featured on the front page of The Wall Street Journal and on television shows worldwide.
Pilzer’s book The New Wellness Revolution (Wiley) identifies the newly emerging wellness industry. For this book Pilzer received an Honorary Doctorate in Public Service and was called a “wellness guru” by The New York Times.
Pilzer’s book The Next Millionaires (Momentum Media) explains why the number of millionaires doubles each decade and how ordinary people can become one of them.
Pilzer’s book The New Health Insurance Solution (Wiley) is a primary resource worldwide for government policymakers seeking to make employer-sponsored health benefits portable and more affordable.
Pilzer’s book The End of Employer-Provided Health Insurance (Wiley) written with Rick Lindquist is the definitive resource for employers and employees wanting to convert to defined contribution individual health insurance funded by employers.
A former commentator on National Public Radio and CNN, Pilzer has been profiled on the front page of The Wall St. Journal and on the cover of more than 100 magazines. He speaks live each year to approximately 200,000 people and more than 20 million copies of his works have been sold. He lives in Utah with his “best asset,” his wife Lisa and their four children, where they are all avid snowboarders, mountain bikers, and chess players.
Unlimited Wealth by Paul Zane Pilzer PDF : Details
- Full Book Name – Unlimited Wealth
- Author of this Book – Paul Zane Pilzer
- Language – English
- Book Genre – Non-Fiction, Self Help
- Download Format – PDF
- Size – 14.5 MB
- eBook Pages – 248