Wealth And Work

Cover Wealth And Work
Wealth And Work
George Woolley Gough
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The boy would be delighted, for he had no knife and this was just the sort of MONEY 141 knife he wanted. If his mother then presented him with another precisely like it, he might be delighted but somewhat less. Boys lose pocket- knives almost as readily as they will take them, and a second knife will be useful when this occurs. If, now, relative after relative, and friend after friend, all the birthday through, kept bringing him a present of precisely the same kind of knife, his annoyance would... know no bounds. But if the boy's father had given him half a sovereign instead of a knife, and his mother had given him another, the boy's pleasure would know no bounds, though half-sovereigns rained in on him all day. If this is true when it happens to one individual, would it be true if it happened to all individuals at the same time ? Let us suppose that there is a certain community living an isolated life on an island in the Pacific, having no intercourse what- ever with any other people, and living, on the whole, an economic life pretty much like our own, but having a money consisting of coins made of a material which cannot be used for anything else but making money.

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