At the country level, the concept of wealth means all goods and services produced by businesses and governments. At individual level, it is synonymous with abundance of cash income and property. But it has not always been so.
Who questioned today about what wealth?
An influential part of economic science has gradually imposed its definition: when leaning against the GDP, "wealth" would all goods and services produced by businesses and governments.
Yet this apparent evidence is the result of conventions that have been established by men of another age and needs of another time.
Who questioned today about what wealth?
An influential part of economic science has gradually imposed its definition: when leaning against the GDP, "wealth" would all goods and services produced by businesses and governments.
Yet this apparent evidence is the result of conventions that have been established by men of another age and needs of another time.
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