Wednesday, October 8, 2014

"The distribution and use of wealth"

“THE only difficulty is to keep in our minds a clear distinction between what is called economic law, that is, the necessary results of producing wealth, and the moral law, that is the matter of right and wrong in the distribution and use of wealth.”

~Hilaire Belloc: Economics for Helen.

•  Amazon

"This classic introduction to the basics of economic theory offers a constructive approach to economic education by defining terms and introducing key concepts without using insider jargon and complex theories. The fundamental questions about why the economy fluctuates and how small farmers, small business people, families, consumers, and innovators are affected by these fluctuations are considered. Serious alternatives to modern economic theories are explained, with attention to the realities that have been largely unchanged through the last century."

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