9781330347201 - the real wealth of nations: or a new civilization, and its economic foundations (classic reprint) von hecht, john s. (3 Ergebnisse)

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Paperback. Zustand: New. Print on Demand. This book presents an original, comprehensive theory of economics. The author posits that theories of economics have focused on production and exchange, but that the only true measure of wealth is the surplus of necessaries of life. The author defines 'necessaries' as the minimum require…ments to sustain a healthy, productive life for an average man and his dependents. Importantly, this theory does not conflate wealth with desire, or the ability to fulfill desire, but rather with the provision of minimum requirements of life. The author argues that a true science of economics should rest on immutable laws of nature, independent of opinion. The author explores the relationship between national wealth and national well-being, arguing that the interests of the nation should never be sacrificed for the benefit of the individual. This book presents a thought-provoking, rigorous definition of wealth, situating economics as a moral science which seeks to use the surplus of life's necessities to improve human well-being, and improve life for the average person, not just the wealthy few. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.