Learn About Our Advanced Economy, The New Business Game And Work At Home Income Opportunities
Where is today's economy going now?
If you are planning online work at home income opportunities, a career as an online home-based small businessperson, it is important for you to know where our economy is going now.
And what you can do, not just to survive, but to thrive and prosper in the years ahead.
Economics Of Scarcity
When I studied economics 20 years ago, I learned the traditional science of economics: the study of scarcity.
The basis of the traditional economic model is simple: A society's wealth depends on its supply of physical resources (land, fresh water, labor, minerals and other vital resources).
The only way to get more of these physical resources is to buy them or take them from somebody else. And because of the scarcity of most physical resources, one person's gain has to be someone else's loss.
This core economic idea that we are running out of everything (the economics of scarcity) was dominant for a very long time.
But today we're witnessing a new theory of eYouconomics: the economics of abundance. It views the world as providing unlimited resources that permits the possibility of wealth for all.
It is a Theory of Economic Alchemy. "Economic Alchemy" is a dynamic new view at odds with classical economic theory. More and more economists accept that this paradigm best describes our advanced economy now.
STEP 2.2 discusses the Theory of Economic Alchemy in detail. So more on that later.
What's The Difference Between Classical Economics And The Economics Of Abundance?
It's simple. A traditional economist always looks for better ways to slice up the same old pie. The economics of abundance is different.
An economic alchemist concentrates on baking a new pie that's big enough for all to share.
In other words, an economic alchemist always creates new wealth. A traditional economist merely moves existing wealth around.
Some of the criticasters of this new economic theory say that the Theory of Economic Alchemy is just a promising model, a hypothetical theory, an abstract dream.
Are they right?
No. An economy of abundance is, in fact, the world in which we live today.
If traditional economic experts measure a decline in economic growth, they often predict economic recession. New economics explains why exactly the opposite is true. Unemployment is the first and only true sign of economic growth.
New eYouconomics is a new theory of how our economy works.
It is a theory of economic alchemy. Online work at home income opportunities are at the heart of this new economic structure.
What Is New eYouconomics Telling Us About Today's Western Economy?
A couple of things:
1) That we live in a period of high economic growth, low interest rates, and low inflation. This new era of increased wealth and prosperity began in 1990.
2) That interest rates stay low due to greatly reduced demand for money. New technology-driven businesses grow without needing huge amounts of money. This leads to a low demand for money in our economy. And as a consequence interest rates stay low.
3) That the money is made in distribution, not in the production of goods and services.
4) That the Internet is the most important technology in business today, creating extreme wealth in the years to come.
5) That the huge corporation is breaking down and giving way to the independent contractor and the self-employed entrepreneur, looking for online work at home income opportunities.
A Theory of Economic Alchemy is a totally different paradigm about our economy than the traditional, classical economic theory I learned at university.
It is a new way of economic thinking, ready for the 21st century.
It is a new paradigm of eYouconomics wherein resources are seen as unlimited and the most powerful means of economic expansion. Human advancement is seen as a function of the development, implementation and distribution of new technologies.
We're Playing An Entirely New Business Game
When I first learned about the economics of abundance, I found my motivation to action. I started an online home-based business, and today I am running eYouniversity from my home.
The Theory of Economic Alchemy learned me what I can do today to accumulate wealth and achieve balance between my personal and professional life.
It gave me a solid basis for understanding online work at home income opportunities.
You and I should view the world as providing unlimited resources that permits the possibility of wealth for all.
New eYouconomics is the way the modern world now works. We're playing an entirely new business game.
The Impact Of Technology
And what about the role of technology?
Thanks to technology, we can expand the supply of physical resources available to us as well as create new materials to replace those physical resources.
Technology is the motor of the new business game and all the online new work at home income opportunities. Today, you can see with your own eyes how with the rise of the Internet, changes that used to take place over centuries or decades now happen in mere years or even months.
We live in a period of new discoveries every day, thanks to new technology and a dizzying speed of information exchange.
Your ACTION PLAN
Unfortunately, most people don't "see" this new eYouconomy. They don't realize we live in alchemic times with huge personal, online work at home income opportunities. Their mindset is still in the old economic model of scarcity and unemployment.
Please read the appendix to STEP 2 and begin at STEP 2.1. You will learn about the rules of this new business game and the online work at home income opportunities which exist today. And how this theory of economic alchemy can change your life.
Thanks to a new theory of eYouconomics, I learned how to dramatically alter my personal and professional life.
I invite you to study this new eYouconomics as well. It will change your mindset about online work at home income opportunities, and may lead you to economic safety. It is all up to you.
What is eYouniversity? (eYou)
eYouniversity is an online business incubator. The goal of eYouniversity is to support the online entrepreneurial process, helping to increase performance and profit levels for innovative small online businesses. You can learn more about eYouniversity (eYou) on the
About This Site page... the story behind eYou and successful home businesses on the Web.
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