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Wealth

Conclusion

Wealth continues to be a subject of debate. Its distribution and effects on social and public policy and welfare are a matter of both practical and academic concern. Its generation and allocation is a central topic in economics; its justification similarly is a major issue in moral and political philosophy. These current disputes without much distortion carry with them the weight of millennia of speculation and in so doing demonstrate that the history of the idea of wealth encapsulates a wealth of ideas.

BIBLIOGRAPHY

PRIMARY SOURCES

Aristotle. The Ethics of Aristotle: The Nicomachean Ethics. Translated by J. Thomson. Harmondsworth, U.K.: Penguin, 1976.

——. The Politics. Translated by C. Reeve. Indianapolis: Hackett, 1998.

Burke, Edmund. Speech on American Taxation. 1774. In Works, vol. 2. London: George Bell, 1882.

Locke, John. Second Treatise of Government. 1689. Edited by P. Laslett. Cambridge, U.K.: Cambridge University Press, 1970.

Machiavelli, Niccolò. Discourses on Livy. 1531. Translated by L. Walker (trans. revised by B. Richardson). Harmondsworth, U.K.: Penguin, 1974.

Marx, Karl. "Preface to a Critique of Political Economy." 1857. In Marx-Engels Reader, 2nd ed., edited by R. Tucker. New York: Norton, 1978.

Marx, Karl, and Engels Friedrich. Communist Manifesto. 1848. In Marx-Engels Reader, 2nd ed., edited by R. Tucker. New York: Norton, 1978.

Mill, John Stuart. Principles of Political Economy. 1848. In Collected Works, vols. 2 and 3, edited by J. Robson. Toronto: University of Toronto Press, 1964.

Mun, T. English Treasure by Forreign Trade. 1664. Reprinted in Early English Tracts on Commerce, edited by John Ramsey McCulloch. Cambridge, U.K.: Economic History Society, 1952.

Rousseau, Jean-Jacques. Social Contract. 1765. Edited by V. Gourevitch. Cambridge, U.K.: Cambridge University Press, 1997.

Smith, Adam. An Inquiry into the Nature and Causes of the Wealth of Nations. 1776. Edited by R. H. Campbell and A. S. Skinner. New York: Oxford University Press, 1976.

Veblen, Thorstein. The Theory of the Leisure Class. 1899. New York: Dover, 1994.

SECONDARY SOURCES

Berry, Christopher. The Idea of Luxury: A Conceptual and Historical Investigation. Cambridge, U.K.: Cambridge University Press, 1994. Covers episodically issues and debates from the Greeks to the present day.

Coates, Alfred. On the History of Economic Thought. London: Routledge, 1992. A collection of previously published essays, a number of which summarize and discuss mercantilism, Smith, and nineteenth-century economists.

Hayek, F. A. Law, Liberty, and Legislation. 3 vols. London: Routledge, 1982.

Leibenstein, H. "Bandwagon, Snob, and Veblen Effects in the Theory of Consumers." Quarterly Journal of Economics 64 (1950): 183–207.

Macpherson, Crawford B. The Political Theory of Possessive Individualism. Oxford: Clarendon, 1962.

Price, B. B., ed. Ancient Economic Thought. London: Routledge, 1997. A collection of essays covering Greek, Roman, Indian, and Hebraic ideas.

Rawls, John A. A Theory of Justice. Oxford: Clarendon, 1972.

Sahlins, Marshall. Stone Age Economics. London: Tavistock, 1974. At times controversial but informative essays in anthropological economics.

Troeltsch, Ernst. The Social Teaching of the Christian Churches. 2 vols. Translated by Olive Wyon. New York: Macmillan, 1931. A classic work and still of value. German edition, 1911.

Christopher J. Berry

Additional topics

Science EncyclopediaScience & Philosophy: Verbena Family (Verbenaceae) - Tropical Hardwoods In The Verbena Family to WelfarismWealth - Wealth And Virtue, Wealth And Power, Status, The Dangers Of Wealth, Conclusion, Bibliography