By Paul Zane Pilzer (http://www.paulzanepilzer.com)

Pilzer's Unlimited Wealth (Crown Publishers, 1990) explained 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."

This is another one of my favorite books.

By Paul Zane Pilzer (http://www.paulzanepilzer.com)

Pilzer's Unlimited Wealth (Crown Publishers, 1990) explained 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."

This is another one of my favorite books.

David,

Sounds like a really interesting book, but is it still relevant afterf 14 years?

Thanks!

David,

Sounds like a really interesting book, but is it still relevant afterf 14 years?

Thanks!Absolutely!

Unlimited Wealth does not contain advice or information that is specific to the era or time frame in which it was written.

Unlimited Wealth is, in my opinion as timeless as anything that Dale Carnegie or Napoleon Hill has written. Here is a couple of reviews I pasted from the web.

"Unlimited Wealth" by Paul Pilzer is a very interesting read. A fresh alternative to economic theory that is insightful and thought provoking. His take on "economic alchemy" gives specific references to the state of the USA and how it reached the point where it is in the global arena. This book is not a lot of fluff with tons of jargon that only financial experts can relate to. It consists of a very logical breakdown of how productivity is generated. There are some excellent ideas within this book that illustrate how issues like immigration and education are and should be addressed. Mr. Pilzer keeps the reader very interested by quoting some very astounding and possibly overlooked facts to prove his points. While his theory may not be watertight to many economists, his notions of alchemic principles should not be overlooked. This book offers a strong theory behind the growth of nations to the generation by individuals of enormous wealth and prosperity. For instance, who knew that a man could make a $56 billion dollar fortune selling software before he made it happen. Also, back at the beginning of civilization, who knew that the world population could grow to consist of 6 Billion people. Someone somewhere must be creating something from what used to be nothing.
On a final note, if you are someone who is chasing the American Dream. The dream of independence, freedom, and the realization of your own personal dreams, goals, and desires, I would recommend this book.

P.S. This book gives a detailed analysis on the strengths and flaws of the Japanese economy. Written back in 1990, could it have predicted the recent asian financial crisis? Comments?


Unlimited Wealth, attempts to teach the reader how to create unlimited wealth by capitalising on existing technology gaps in imperfect markets through technology acquisition and exploitation. He outlines this process as a non-zero sum gain in which he coins the phrase 'alchemic economics'.

Pilzner's uses a macro-economic setting to outline his theory of 'alchemic economics' or non-zero sum gains. Pilzner outlines five macro-economic foundations on which the theory of economic alchemy needs to work. They are as follows: 1) The only enduring business is the business of change. 2) Businesses based on the exploitation of economic scarcity are doomed (The theory of alchemy states that technology negates scarcity). 3) No business is an island (product and process are dynamic). 4) Modern business is no longer "find a ! ! need and fill it," but "imagine a need and create it." 5) Labor is capital (the knowledge and skills of the workforce are untapped sources ripe for investment). Pilzner artfully outlines this macro-economic back drop with some very interesting historic examples, which, in turn, set the stage for Pilzner's three major tenets of 'alchemic economics': 1) Technology is a major determinant of wealth because it determines the nature and supply of physical resources. 2) The advance of technology is determined mainly by our ability to process information. 3) The backlog of unimplemented technology advances are the true predictor of economic growth for both the individual and society. Pilzner further outlines his alchemic wealth creation in an interesting equation, W=PTN. Where (W) equals wealth, (P) equals physical resources, (T) equals technology, and (N ) equals the exponential effect of technological advances. Although Pilzner's theory of alchemy is solely ! ! based on efficient technology ...


This book describes how to build wealth broadly enough so you can apply its principles to anything. its main principle is technology unleashes your ability to build wealth and by applying dormant but existing technology to resources will create enough value for you to achieve wealth. ie using the latest version software could dramatically improve your bottom line.
Probably the most inspiring principle for me is the statement: The faster you process information the faster you will achieve your goals. This makes total sense because if knowledge is power the most important knowledge is the knowledge that allows you to get more of it. I know alot of people who are determined to succeed but they learn so slowly that by the time they figure everything out it will be too late. With the rate of change today one of the skills you've got to have is the ability to learn rapidly!

Sounds like a great book. It is really fascinating reading about that sort of stuff.

BTW David,

Great signature! :yup: