Tuesday, August 22, 2017

The Richest Man In Babylon by George S. Clason




Babylon was once the richest city in the world, known for its lavish houses, palaces and huge city walls. It created fertile farmland where once there had been desert through the use of irrigation. But as George Clason notes, it was also the cradle of modern finance: money as the means of exchange, tradeable property titles, promissory notes and all forms of lending and borrowing were all highly developed. Its prosperity continued for centuries because its inhabitants were allowed to make money freely. Even slaves, if they could earn a bit on the side, could eventually buy their way to freedom. Millions of readers have become familiar with George S. Clason's famous "Babylonian parables" through the distribution of these success secrets of the ancients by banks, insurance companies, investment houses and employers. Acclaimed as the greatest of all inspirational works on the subject of thrift and financial planning, these fascinating and informative stories have become a modern classic in their field.