Saturday, April 23, 2011

Measures of Wealth

measures of wealth:

from medieval times, there was an attachment to gold, it was most prized as a possession and was an early measure of wealth.

with the expansion of the economy and developments in technology, wealth and demand only increased. what is most prized today? a survey of what the most demanded things in the modern economy are would be revealing.

is it communications? world wide web access?
is it more conventional? housing?

an analysis of demand may lead to more relevant measures of wealth. but how to accurately measure demand? and how to quantify wealth?

CLEARCHARGE

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