The Creation of Wealth - Softcover

J. H. Lockwood

 
9781330633403: The Creation of Wealth

Synopsis

This book redefines economic principles, positioning the mind of man as the ultimate wealth-producing factor. The author argues that economists have failed to recognize the true nature of wealth, which is not limited to material possessions but encompasses the subjective and objective satisfactions of human needs and desires. Drawing on examples from art, industry, and science, the book systematically explores how the mind manifests in different degrees of value through inventive skill, innovation, and advanced cognitive labor. The author further asserts that all people have a cash value, because of their innate creativity and the value they add to the world, and that idea-wealth is even more powerful than physical wealth. Through these insights, this book provides an unorthodox but compelling perspective on the nature of wealth, advocating for a more comprehensive and inclusive understanding of its sources and manifestations.

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