1/ Wealth is a claim on other people's time
There are a lot of theories on what money is, on what wealth is.
Economists have written very long books on this. It is debt, it is the evolution of barter, it is an information system, etc, etc.
All of these are true... See more
If a problem arose, it was typical of my Italian friends to shrug their shoulders and say “Boh”—an untranslatable word that means something like “I have no idea what to say or do, or what you want me to say or do, so I’m just going to make this funny sound and move on with my day.” You can see why this might be great for entrepreneurship or... See more