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Franklin was independently wealthy. After a lifetime of wise investments, hard work, and a fair share of luck, Franklin was able to turn his attention to his social projects and not have to worry about money again.
His ideas on wealth were similar to Aristotle’s in many ways. He wrote a book on how to earn and save money and associated having wealth with having a least a few virtues. He also agrees that, while good to have, money is at best a tool for getting other things. Unlike Aristotle, however, his list of virtues does not require wealth to live life to the fullest.
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Needleman has spent decades helping people navigate life. He is often sought out as a consultant on how to handle money at the conceptual level and has a lifetime of advice on how money affects us to give out.
One of his...
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Science increasingly shows that there is a right amount of money for happiness, but that countless variables make the amount change for little reason. The problem must be approached another way.
Philosophers have asked the same question. Every thinker who has tried to answer the question of...
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Marx reminds us that money, for all the bad things philosophers often say about it, is extremely useful. It drives history, grants the ability to accomplish great things, and often consumes too much of our time. His philosophy of communism isn’t so much against wealth as it is an attempt to tame ...
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Those who criticize the wealthy don’t realize that money is needed to do good things.
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In Aristotelian philosophy, virtue is the key requirement for a life well lived. But while his stoic contemporaries thought virtue alone would assure a good life, Aristotle knew that a few other things would be needed. Among them are
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Henry David Thoreau is famous for retreating to a cabin near Walden pound and writing a book about his experiment of living a simple, self-sufficient life in the wilderness. While his experiment is often presented as more than it was,
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His life story and later dedication to intellectual pleasures speak against a life of chasing money as the path to Nirvana. However, extreme poverty is no solution either. While many Buddhist monks are supposed to avoid even touching money, the rest of us are encouraged to have the “righ...
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To have done anything by which you earned money merely is to have been truly idle or worse
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Nietzsche argued that the morality of the gospels was a slave morality which was based on a sort of sour grapes approach to things. Since the authors of the gospels didn’t have money or power they declared those things to be evil and the poverty and weakness they had to be good. Nietzsche sees t...
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The life of money-making is one undertaken under compulsion, and wealth is evidently not the good we are seeking; for it is merely useful and for the sake of something else.
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Schopenhauer was a pessimistic thinker who felt that most people were doomed to rather unpleasant lives. He was so convinced of this that he was one of the first prominent anti-natalists and wrote that most people were better off not being born. His advice on how to be happy is fittingly strange....
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Kierkegaard strikes out against how people are increasingly dispassionate, conforming, and detached. He blames, among other things, money for causing some of this. As the abstraction of real value, it tends to make us desire of it rather than the things it can buy or represents.
Kierkegaard...
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Faith is the best wealth for a man in this world. Righteousness when well practiced brings happiness.
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Wealth is like sea-water: The more we drink the thirstier we become; and the same is true of fame.
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If you wish to make Pythocles wealthy, don’t give him more money; rather, reduce his desires.
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Epicurus was a philosopher with some bold ideas on how to make people happy. He lived in the countryside in a large house with a dozen other people where they all lived communally. He argued that the path to happiness was moderation, strong friendships, and philosophy.
Rather than accumulat...
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