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I'm surprised nobody has mentioned the PG article that makes pretty much the same point. One of my favorite essays by him, incidentally.

http://paulgraham.com/wealth.html




Hah. I forgot he wrote one (even though I've quoted him in some of my articles). It does make similar points in his "Money Is Not Wealth" section in there.

It's not very surprising that others have said this - it's a sensible idea that's fairly well understood by some... but thoroughly misunderstood by others (still, and probably forever).


I was going to post the same link and found that you already did. I totally agree.




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