Dr. Joseph Moore - How to Get Rich in American History: 300 Years of Financial Advice That Worked (& Didn’t)
This week on Standard Deviations with Dr. Daniel Crosby, Dr. Crosby is joined by Dr. Joseph Moore. Joseph Moore, PhD is an author, historian, and investor living in Atlanta, GA whose writings have been published in outlets like The New York Times and Oxford University Press. He is formerly Associate Professor of History, Department Chair, and Special Assistant to the President at Gardner-Webb University, and now teaches at Kennesaw State University. His latest book, How to Get Rich in American History: 300 Years of Financial Advice That Worked (& Didn’t), is the first ever history of financial advice in America. It explores what everyday people were told to do with their money, how advice changed over time, and what history teaches for financial life today. In addition to researching the past, Moore experimented with history’s wildest financial strategies on himself, leading to hair-raising and often hilarious results, but also leading him to become financially independent in his mid 40s.
Tune in to hear:
After studying 300 years of history, what is Dr. Moore’s current view with respect to the American Dream?
Is it maybe simultaneously true that it’s easier to get ahead than ever for the average American, but that there is also rampant corruption and nepotism at a high level?
How does the current U.S. housing crisis compare in severity to those in our past?
What are some common misconceptions about what works and what doesn’t work when it comes to building wealth?
Why does Dr. Moore think of real estate as an active investment?
What was the conceptual shift that led us to start valuing net worth so much?
What lessons did Dr. Moore learn from creating his own cryptocurrency?
What are some of the other financial experiments that Dr. Moore undertook while writing his new book?
What distinction does Dr. Moore make between “fast time” and “slow time?”
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