“That is the argument of Kiyosaki of Rich Dad, Poor Dad fame. He is not an economist, he is a scam artist.”
I sell books for a living. Sadly, his books are the first to sell in that genre. I TRY to get people interested in the real economics of FACT, as taught by Thomas Sowell, but they want a quick fix and a feel-good strategy with their finances.
Heck. Even Dave Ramsey is smarter than Kiyosaki, but Kiyosaki is laughing all the way to the bank...
Thinking requires work, feeling doesn’t. Scam artists sell feelings.