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economics?
Q. economics is merely allocating resources but it is much more then that
Asked by flaska67 - Mon Oct 8 10:51:03 2007 - - 2 Answers - 0 Comments
A. Whether one agrees or not, I define economics as study of nature, properties, composition, laws and classification of wealth. Of the God's four manifestations : the matter, the energy, the wealth and the soul, it is only the study of wealth that is neglected by man. Law of Conservation, Law of Equilibrium and other general laws and properties are totally neglected. Economics started studying application of wealth without knowing or understanding the nature, properties, laws, composition and classification of wealth. Had it been defined this way, economics would have become a pure material science. Economics would have gained credibility. It is my question to economists: Is loss a form of wealth? If not why is it measured or expressed in… [cont.]
Answered by bvgopinath2001 - Tue Oct 9 02:54:39 2007
Q. economics is merely allocating resources but it is much more then that
Asked by flaska67 - Mon Oct 8 10:51:03 2007 - - 2 Answers - 0 Comments
A. Whether one agrees or not, I define economics as study of nature, properties, composition, laws and classification of wealth. Of the God's four manifestations : the matter, the energy, the wealth and the soul, it is only the study of wealth that is neglected by man. Law of Conservation, Law of Equilibrium and other general laws and properties are totally neglected. Economics started studying application of wealth without knowing or understanding the nature, properties, laws, composition and classification of wealth. Had it been defined this way, economics would have become a pure material science. Economics would have gained credibility. It is my question to economists: Is loss a form of wealth? If not why is it measured or expressed in… [cont.]
Answered by bvgopinath2001 - Tue Oct 9 02:54:39 2007
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