Paul Zane Pilzer (born January 17, 1954) is an American economist, New York Times best-selling author, and social entrepreneur. He has written 11 books, is the founder of six companies, and has been profiled in more than 100 publications including on the front page of The Wall Street Journal.
Traditional economic theories are based on scarcity: that the earth contains a fixed, limited supply of resources and the function of economics (i.e. capitalism, socialism, communism) is to best divide them up. “No wonder,” says Pilzer, “they call economics the ‘Dismal Science.”
In contrast, Pilzer’s theory of Economic Alchemy is based on abundance: that the earth contains unlimited resources because of human ingenuity—we are continually defining new resources and/or learning how to better obtain and use our existing resources. According to Pilzer, there is no limit to wealth for an individual, or for a society, once they understand the Six Laws of Economic Alchemy based on abundance.
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