The Five Laws of Gold

We live in an impatient age, and when it comes to money we want more, today, not tomorrow. Whether it’s putting down a mortgage or cleaning up those credit cards that drain our energy after we’ve stopped enjoying the things we bought with them, the sooner the better. When it comes to investing, we want easy choices and quick returns. Hence the current frenzy for cryptocurrencies. Why invest in nanotechnology or machine learning when Ethereum is locked in an endless upward spiral and Bitcoin is the gift that keeps on giving?

A century ago, the American writer George S. Classen took a different approach. In Babylon’s Richest Man he gave the world a treasure trove – literally – of financial principles based on things that today seem old-fashioned: prudence, prudence and wisdom. Classen uses the sages of the ancient city of Babylon as the mouthpiece for his financial advice, but the advice is as relevant today as it was a century ago, when the Wall Street Crash and…

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