Download Consumption as an Investment by Cosimo Perrotta PDF

By Cosimo Perrotta

Perrotta explores and charts the altering position of intake as a resource of funding in construction and development inside of fiscal writings from old background to the current. This bold undertaking is performed with nice ability, power and originality and should support to deliver intake reports into the mainstream of monetary suggestion.

Show description

Read Online or Download Consumption as an Investment PDF

Best economic history books

Economics in Perspective: A Critical History

Galbraith supplies scholars economists alike the heritage at the back of present monetary recommendations. He outlines the moral judgments that stay from the family economies of the Greeks to fashionable capitalism.

Keynes: Useful Economics for the World Economy

Because the international financial main issue keeps to reason harm, a few coverage makers have known as for a extra Keynesian method of present financial difficulties. during this ebook, the economists Peter Temin and David Vines supply an obtainable advent to Keynesian principles that connects Keynes's insights to modern day worldwide economic system and provides readers the way to comprehend present coverage debates.

The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression

Financial historians have made nice development in unraveling the factors of the nice melancholy, yet now not till Scott Sumner got here alongside has someone defined the multitude of twists and turns the financial system took. within the Midas Paradox: monetary Markets, executive coverage Shocks, and the nice melancholy, Sumner bargains his magnum opus—the first ebook to comprehensively clarify either financial and non-monetary motives of that cataclysm.

Extra resources for Consumption as an Investment

Sample text

Xenophon and Plato: ancient culture at a crossroads Xenophon: a double personality Xenophon, one of Socrates’ pupils, is an essential author for our theme. He left us two texts of great interest, which sustain two opposing visions of the increase in consumption and the pursuit of wealth: the rush towards economic growth, the increase in trade, production and consumption (the prospect in Ways and Means) or otherwise the closure into a static economy, which distrusts the wealth gained from trade and investment (Oeconomicus).

Xenophon also contrasts the violence of war, which brings poverty, with the prosperity created by trade in times of peace. A prosperous society, says Xenophon, flourishes only in long periods of peace. ws/blogs/ChrisRedfield 20 The Ancients and inner wealth explanation. First of all, there is also a contrast, though a minor one, in Oeconomicus. In this dialogue, alongside the statements of principle that we have seen, there are practical instructions not only on how to store but also on how to increase the commodities deriving from agriculture.

It is the highest good, and it comes from the perfect practice of virtue. 37 Admittedly, happiness also requires some external conditions, namely possessions. And it is for this reason that men wrongly think that the cause of happiness is external possessions. e. 38 As a means, they are placed on the lowest levels of the scale of values. Most of the commentators have attributed to Aristotle a positive evaluation of wealth in itself, creating considerable confusion on the subject. They forget – in spite of the philosopher’s precise warning – that for Aristotle wealth is an instrument.

Download PDF sample

Rated 4.09 of 5 – based on 27 votes