The Richest Man in Babylon
George S. Clason
Recommendation inspired by:
How does the stock market work? - Oliver Elfenbaum
The Richest Man in Babylon published almost 100 years ago, is set over 2500 years in the past, and offers financial advice that is still relevant today. And that’s sort of the point; the most essential truths about how to spend and save responsibly are the ones that stand the test of time. So if you’re looking for essential and easy to follow financial advice, this is a great place to start. The advice takes shape through parables set in ancient Babylon, and it’s often playfully presented; I particularly liked the introduction of a series of “unearthed” tablets that detail how someone settled his debts millennia ago. That discovery then saves an archaeology grad student from his staggering student debt by giving him a roadmap to pay it off. See? Still relevant.
Recommended by:
Alex Rosenthal, TED-Ed Team
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