Life Money And Illusion

In recent years, unchecked growth has brought us to the brink of economic and environmental collapse. Life, Money & Illusion was inspired by the dilemma of having an economic structure that has to grow to remain healthy, while facing the finite limits of our planet. This revised and updated edition launches a review of economic expansion. It examines how growth came to be a goal and how that goal, though once beneficial, is now the propellant for catastrophe. Then, by showing how the economy can be restructured to remain within planetary limits, it points the way to a sustainable future. Life, Money & Illusion advocates change by shifting the dominant economic paradigm from growth to sustainability. Techniques include: Measuring progress with social and environmental indicators, along with economic ones Encouraging investment in community Practical changes, such as full cost accounting, tax shifting, and monetary reform Honoring the Golden Rule instead of the Rule of Gold Focusing more on living than on stuff An engaging and empowering vision of a future that celebrates humanity's extraordinary ability to adapt and evolve, Life, Money & Illusion will appeal to social activists, business people, students, environmentalists, financial planners, economists, parents, grandparents, and anyone else with a stake in the future. Mike Nickerson is an educator and the author of three books on sustainability. He helped draft the Canada Well-Being Measurement Act and lives in Ontario, Canada.

New York Times best-selling author and comedian-turned-motivational speaker, Kyle Cease, shows how your obsession with money is actually preventing you from living the life of your dreams. "I can't afford that." "Now's not the right time . . . I need to save up." "Quit my job? Are you nuts?!" Sound familiar? Money is one of the biggest excuses we make to not go after what we really want. Our fixation with money--the desire for more of it, and the fear of not having enough of it--is often really just a longing to feel safe. But this obsession with money is coming at a much bigger cost: our sanity, our creativity, our freedom, and our ability to step into our true power. This book is about eliminating the need to seek safety through the illusion of money, and learning to see ourselves for the perfection that we are--so that we can bring our gifts to the world in an authentic way, and allow ourselves to receive massive, true abundance as a result. Kyle Cease has heard excuses like the ones above countless times at his live events, and he has shown people how to completely break through them. In The Illusion of Money, he shares his own experiences as well as practical tools to help readers understand their ingrained beliefs and attachments to money, and how they can tap into our infinite assets and talents. "After 25 years as a successful comedian, actor, transformational speaker, author and junior-league amateur bowler, I've experienced many times how chasing money is not an effective way to create an abundant and fulfilling life. The most alive I've ever felt was after I left my comedy career at its peak to become a transformational speaker. I left tons of guaranteed money and so-called security for a complete unknown. It was terrifying--but what was on the other side of that terror was a completely different life that is not only more abundant financially, but has more freedom, more ease, more passion, more impact and more joy." -- Kyle Cease

The first book-length work on market monetarism, written by its leading scholar. Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It’s happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of the 21st century. Foregoing the usual relitigating of problems such as housing markets and banking crises, renowned monetary economist Scott Sumner argues that the Great Recession came down to one thing: nominal GDP, the sum of all nominal spending in the economy, which the Federal Reserve erred in allowing to plummet. The Money Illusion is an end-to-end case for this school of thought, known as market monetarism, written by its leading voice in economics. Based almost entirely on standard macroeconomic concepts, this highly accessible text lays the groundwork for a simple yet fundamentally radical understanding of how monetary policy can work best: providing a stable environment for a market economy to flourish.

The concept of money illusion, a recently resurrected phenomenon of behavioral economics, is a real fact of economic life, the potential role of which should no longer be dismissed. Despite money illusion being utterly suppressed by mainstream economists, small deviations from rationality, together with trends in behavioral economics, alleviate the denial of money illusion induced by the rational expectations revolution. This book argues that money illusion seems to be a ubiquitous phenomenon, affecting various areas such as financial markets, housing markets, labor markets, consumption-saving decisions, and even development at the aggregate level induced by coordination issues. Furthermore, in light of the educational efforts of central banks and other institutions, it is worth considering whether solid economic training would provide guidance for the public regarding their decision-making and thereby alleviate the effects of money illusion. The emerging field of experimental economics provides a unique opportunity for us to verify the presence of money illusion. Specifically, attention is devoted to the experimental investigation of reduction in the direct and indirect effects of money illusion with respect to the level of economic literacy acquired through economic education. Economic Literacy and Money Illusion will be of interest to the general audience and to those who are interested in behavioral economics, economics education, and experimental economics, as well as to policy makers and institutions. Last but not least, it will help develop students’ interest in alternative economic theories. NB. The research and writing of this book was made possible with the support of the University of Economics, Prague, Faculty of Economics, Department of Economics.

Kyle Cease's best-selling book The Illusion of Money, (Hay House USA ISBN: 9781401957445) is a life- and even world-changing experience. Or can be. A mere read-through won't do. You'll have to put it to use and into practice to garner all the riches it has to offer. That's where this companion book comes in. The Illusion of Money Study Guide, Journal and Workbook has been independently created to help you mine the riches in Cease's book, bring them to life and make them your own. Each of Cease's 17 chapters is brimming over with wisdom, inspiration and immutable truth, awaiting only your active participation to make it real, to make it solid, bring it into fruition in your daily life in a transformational way. For some readers the principles and concepts in Cease's book are familiar, but may not be an integral part of their lives. For others, these are new, possibly surprising but definitely alluring ideas. In either case The Illusion of Money Study Guide, Journal and Workbook will help readers translate the promise of the book into reality with study/reflection questions for each of the 17 chapters of Cease's book, and plenty of room for writing your responses. You'll find questions that: Ask you to contemplate your own experience of the book's concepts and truths, Reflect on how you can implement these concepts in your own life, Reflect afterward on the experience of having done so, Take inventory of various aspects of your life in preparation for upgrading them, Make plans and commitments to implement the principles in the book, Record the results of your actions and exercises, Reflect on your progress. You can also add more notes and insights from the book or continue your responses to other questions on the two extra notes pages after each chapter. You'll find The Illusion of Money Study Guide Journal and Workbook an essential aid to deepen your experience, integrate and cement the life-changing concepts into your reality, and inspire your forward momentum. Ready to change your life? Let's get going. Get your copy today.

In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. In other words, the numerical/face value (nominal value) of money is mistaken for its purchasing power (real value). This is false, as modern fiat currencies have no inherent value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes. The term was coined by John Maynard Keynes in the early twentieth century. Almost every one is subject to the "Money Illusion" in respect to his own country's currency. This seems to him to be stationary while the money of other countries seems to change. It may seem strange but it is true that we see the rise or fall of foreign money better than we see that of our own.-IRVING FISHER

The Growth Illusion exposes the real nature of undirected economic growth, and refutes Adam Smith's belief in the 'invisible hand' ensuring that self-interest would serve the common good.