Wednesday 14 March 2012

The Origin of Wealth


For the first time it may be possible to identify what
wealth actually is and end the poverty and scarcity
faced by both developed and developing countries.
What is wealth? This paper proposes wealth and poverty are opposite sides of the same coin and to know the source of one is to understand the cause of the other. It delves into the premise that if contemporary economics could consummately answer the question: what is wealth? scarcity, economic strife and poverty would not exist in the world today. Two kinds of wealth are discussed, aesthetic and technical wealth. Is it possible that contrary to belief, the use of assets and liabilities as a measure of wealth belong to the aesthetic view in the sense that in human psychology an asset is merely an object or factor that evokes positive emotional feelings?  

Read this paper by following this link:

No comments:

Post a Comment