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Creating wealth — the idea catches people by surprise. Our system tends to instill the idea that our collective wealth adds up to a finite bottom line of financial assets, and the question is mainly one of distribution, not of creation. The call for lower taxes, the resistance to higher minimum wages, the idea that wealth held at the highest levels "trickles down" all contain this hidden assumption — there is only so much wealth out there, and we all need to struggle to get our piece of a finite, limited pie. Yet history and everyday reality tell a different story: we live in a world of expanding pies, and while some things on the planet are finite (the land area available, the fertile soils, the fresh water and fossil fuels, to name a few) there is no limit to human ingenuity, creativity and imagination.
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Document Type: Research Article

Publication date: April 1, 2011

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