30 years ago, I graduated from the University of Chicago with a master's in finance with

honors. At that time, it was one of the best business schools in the world. I haven't looked

lately. I still believe it is. I learned a lot. I learned mostly about how to deal with other

25-year-olds, how to get lots of job

interviews, and how to tell a narrow boundary story of finance and economics that on the surface

ran the human economic system around the world. In the intervening 30 years, I've been on this curiosity, obsession, quest to understand the

reality of how the human animal, 8 billion of us now today, expanding into this growing,

economic, global supply chain connected technological energy field system fits together.

And I have found that the things that they are teaching in the business schools around the world and the economics classes are quite flawed.

There's a lot of things that are true that they're teaching, but those things relative to the fundamental truths I'm about to outline are trivial.

And it was difficult to parse these into ten, but I've come up with 10 myths that are still being

taught in the business schools around the world. Before I get into these, I'd like to make a

qualifying statement. I care about a lot of things, but I mostly care about the natural world that we are a part of on this earth and about the truth.

Those are the things that I care the most about.

So what follows is values neutral.

It's not about what I think should be or what I would prefer. It's about describing

the myths, the realities, and the implications of the rules and the guidelines and the laws

that are part of economic theory underpinning our current system.

Okay, beginning the 10 myths.

Myth number 10.

Let's start with a simple question. What is something worth? What is the value of something?

If you've taken an econ class or an MBA seminar, the answer you'll hear is pretty straightforward.

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