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Home | Mises Library | Money Is Not Wealth, nor Is Wealth Natural Resources

Money Is Not Wealth, nor Is Wealth Natural Resources

Audio Mises Wire

Tags Economic FreedomInflationKeynesMonetary PolicySocialism

08/25/2022Manuel Tacanho
Narrator: 
Millian Quinteros

Development economists often confuse natural resources with wealth and then are puzzled when countries rich in resources experience widespread poverty. Free markets lead to creation of wealth, period.

Original Article: "Money Is Not Wealth, Nor Is Wealth Natural Resources"

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Author:

Manuel Tacanho

Creative Commons Licence
 
Original Article: 
Money Is Not Wealth, nor Is Wealth Natural Resources