Creating Capital

Creating Capital
Money-making as an aim in business

By

5
(1 Review)
Creating Capital by Frederick L. Lipman

Published:

1918

Pages:

32

Downloads:

11,807

Share This

Creating Capital
Money-making as an aim in business

By

5
(1 Review)

Book Excerpt

ed on its other side, the side of spending and saving, that the income may be apportioned as wisely as possible for the purposes of living. But during the last few years a new factor has entered into the money problems of the individual, often adding to his trials, often adding to his self-made excuses, and especially burdensome to the man on fixed income. We refer to the high cost of living. Here it is, however, that the wage earner can do something in self-protection, for the level of prices may be in some measure affected by his policy in handling his earnings.

A period of high wages is accompanied by and is in some sense an incident of a high level of prices. Now we recognize high wages, considered in itself, as beneficial to the community, for it gives opportunity, at least, for comforts in life and a provision for the future that otherwise would be lacking. But if prices have advanced as much as wages, the apparent improvement to the laborer is merely in nominal wages, while that which alone can

Readers reviews

5
4
3
2
1
5.0
Average from 1 Review
5
Write Review
Dan Grant - A Science/medical Thriller that Reveals a Radical Breakthrough
FEATURED AUTHOR - Dan loves intriguing tales that weave science, medicine, history, or technology into the fabric of the drama. The Singularity Witness follows that style and includes a creative backdrop. He's also a licensed professional engineer with masters’ in education and English with an emphasis in creative writing. His engineering endeavors have provided unique opportunities to work with a variety medical and technological applications, and get behind the scenes at military facilities. Those experiences… Read more