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Modern Economic Problems - Economics Vol. II

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Published: 1916
Language: English
Wordcount: 157,638 / 497 pg
Flesch-Kincaid Reading Ease: 53.2
LoC Category: HB
Downloads: 1,463
Added to site: 2004.07.02
mnybks.net#: 8518
Origin: gutenberg.org
Genre: Non-fiction
Excerpt

d the problem of distribution#. The foregoing figures make a most satisfactory showing, and appear to indicate that mere economic problems are rapidly being solved by the growth of national wealth. But unfortunately these figures have little significance in connection with such an inquiry, if indeed they are not badly misleading.

In the first place, the final figures of "per capita wealth" are merely averages; a per capita increase, therefore, may appear when total wealth increases, altho the total may be due to the growth of comparatively few very large fortunes. The fact is evident that vast numbers of individuals and families are nearly propertyless and in so far as this is true there is involved one of the greatest of our socio-economic problems, that of the distribution of wealth and income among the people. The more unequal the distribution, the greater, in all likelihood, is the discontent; and the greater the effort of many men to find some methods by which greater equality may be attained.

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Average Rating of 3 from 1 reviews: ***
2007.03.31
tadros safwat
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Matthew Bayan
Matthew Bayan is the only person in the world to die and be brought back to life 72 times. He is best known for his book, Eat Fat Be Healthy that describes this experience. Bayan however also had a very adventurous childhood and felt inspired to write down some of those memories after a high school reunion. This formed the backdrop for his coming-of-age mystery, The Firecracker King. As our Author of the Day, Bayan tells us all about it.
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