“To reduce unduly expenditure on children may greatly lower their efficiency in after-life.” — Arthur Pigou, The Economics of Welfare (1928) Economists have long recognised that people—not money—are the true source of wealth. A recent academic study by Lucia Rizzica at University College London, Essays on the Economics of Human Capital, offers valuable lessons for … Continue reading What Economists Teach Us About Human Capital — Lessons for Holistic Wealth Planners →

“The key for the future of any country lies in the talent, skills, and capabilities of its people.”— Dr. Mahesh U. Daru, Human Capital: The Tool for Economic Growth and Development When we talk about wealth, our culture still reaches first for money. But as Dr. Mahesh Daru’s paper reminds us, it is people—not capital—that … Continue reading The Enabling Environment: Why Structural Trust Is the True Engine of Wealth →

“The greatest difference between developed and underdeveloped societies is not money—but mind.”— Adapted from Latif Zeynalli, European Journal of Social Impact and Circular Economy (2020) In a world where technology evolves faster than we can adapt, the greatest risk we face is not financial loss — it’s human obsolescence. The World Bank estimates that 64% … Continue reading 10 Lessons in Human Capital: Turning Obsolescence Risk into Opportunity →

“The wealth of a nation lies not in its gold, but in its people.” — Irving Fisher In 2020, a group of researchers from Riga Stradiņš University and al-Farabi Kazakh National University examined why developing countries struggle to turn human potential into human prosperity. Their findings read like a mirror to our work as Holistic … Continue reading 💡 Reclaiming the True Wealth of Nations: Lessons in Human Capital for Holistic Wealth Planners →