Dan M wrote: > After the discussion about money as a social construct, it occurred to me > that that there is something more fundamental underlying this. It is > whether wealth is concrete or just an abstract concept. > > One way to ask it is whether the world is actually wealthier than it was 100 > years ago; whether the US is? A second is to ask who creates wealth and how > do they create it? I have some strong opinions on this, but I hoped that I > could stimulate a discussion by first throwing out the questions before I > weigh in with my long winded thoughts. :-) > Wealth is a stock variable. The related flow variable is income. The relationship in general is that income that is not consumed constitutes an addition to wealth.
Regards, -- Kevin B. O'Brien TANSTAAFL [email protected] Linux User #333216 Q. What do you get when you cross a Mafioso and a deconstructionist? | A. Someone who makes you an offer you can't understand. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
