I recently read Morgan Housel’s wonderful book, The Psychology of Money. It’s a powerfully pragmatic, concise, and useful book in a sea of useless financial resources.
While I enjoyed the actual content, one of the more valuable things it did was to help me revisit the question behind the “why” of money and wealth. After thinking through this again, it left me feeling like there is a gap that I’m hoping this essay is useful in helping explore. If Morgan’s book focuses on the “what” of money, I aim to focus here on the “why”.