Invisible Wealth

Originally published in hardback in 2009 as: From poverty to prosperity: intangible assets, hidden liabilities and the lasting triumph over scarcity.

Arnold Kling was an economist on the staff of the Board of Governors of the Federal Reserve System from 1980-1986 and served as a senior economist at Freddie Mac from 1986-1994. Kling is the author of several books, most recently Unchecked and Unbalanced: How the Discrepancy Between Knowledge and Power Caused the Financial Crisis and Threatens Democracy. He lives in Maryland. Nick Schulz is DeWitt Wallace Fellow at the American Enterprise Institute and Editor of American.com. He is a columnist for The Mint newspaper in Mumbai, India. His writings have appeared in the Wall Street Journal, the Los Angeles Times, the Washington Post, Slate, and Forbes.com, among others. He lives with his wife and children in Maryland.