Customer Reviews

Unlimited Wealth: The Theory and Practice of Economic Alchemy

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"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?

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!

I read this book many years ago and am still impressed by the clarity of the logic. It presents a wonderful view of the world as a place of abundance and wealth. This is a beautiful contrast to the belief many people have that the world has limited resources, so the only way to get anything is to take it from someone else. This book has forever changed my worldview.

Tim McMahon...

A wonderful explanation of market forces that explodes the historical views of economics. Though not always politically correct, this book uses historical examples to support its theory.

Informative and enjoyable.

I first read Mr. Pilzer's book when it was published in 1990, then re-read it eleven years later. His words are as true today as they were when first printed. Through historical anaylsis, Pilzer deconstructs the economic views of our early education and skillfully builds a new model for our truly modern world. This is a must read for anyone interested in working with growth and change in their life and the world.

Paul Zane Pilser did a great job of explaining the theory of Alchemy and the application of it in Supply-side and Demand-side economics can produce an unlimited amount of resources and wealth for an economy. He also does a great job of discussing technology and how it is is extremely important to economic growth, how it can greatly conserve resources, it's infinite possiblities, and much more.

I learned a lot from this book!

An excellent work changing the way the world will look at resources - they are unlimited, due to the fact that as soon as something starts to become scarce, technology will create it's replacement - it's abundant replacement.

In a time, where we were once worried about oil reserves, hydrogen fuel cells have bust onto the scene and are just another indication of how right Mr. Pilzer's theories have shown themselves to be.

I enjoyed the book, but it was written in 1990 and is definitely dated in a lot of its material, and I don't agree with a lot of things, but there is a lot in there also that is worthwhile about how economies work that is excellent. He is an excellent writer and his newer books are also very good. This had more political theories in it that are definitely dated. The world has changed drastically since 1990.

Paul is right on. In 1990 he articulated the impact that technology has on our resources. We do not live in a world of scarce resources. We use technology to replace them, or multiply them, and discover new resources all the time. Paul's message to me: This world has plenty of what mankind needs. We can invent our way out of any perceived shortage. Read this book to think about all this in some new ways.

This book gives us a workable economic theory in a time when economists are finding that the old ones no longer work.