Nature, Properties and Laws of Wealth

Though economics is essentially the study of wealth no one so far has made any attempt to study its nature, properties, laws and classification. Whether there is a need for studying the nature and properties of wealth and to classify different forms of wealth is a matter of debate but the author makes a bold attempt by defying the conservative barriers that the traditional economists hold in devotional esteem. He accuses economists of concentrating only on application of wealth without going into the fundamentals of wealth such as its properties, nature, the laws governing it and its classification He seeks to give a spiritual and divine touch to his findings. He brings in human soul on par with matter, energy and wealth. According to him all four withstand Law of Conservation and Law of Equilibrium, which the author contends as Divine Laws. He says It will be good news if this Law of Conservation is true, the living world and the world of resources never see an end. There will be life and there will be resources of energy and matter for millions of years to come. There is no need to panic. How nice if the future could hold his words as prophecy. -- Shrinivas Sirnoor, Senior Reporter, Deccan Herald Daily Gulbarga, India Though economics is essentially the study of wealth no one so far has made any attempt to study its nature, properties, laws and classification. Whether there is a need for studying the nature and properties of wealth and to classify different forms of wealth is a matter of debate but the author makes a bold attempt by defying the conservative barriers that the traditional economists hold in devotional esteem. He accuses economists of concentrating only on application of wealth without going into the fundamentals of wealth such as its properties, nature, the laws governing it and its classification He seeks to give a spiritual and divine touch to his findings. He brings in human soul on par with matter, energy and wealth. According to him all four withstand Law of Conservation and Law of Equilibrium, which the author contends as Divine Laws. He says " It will be good news if this Law of Conservation is true, the living world and the world of resources never see an end. There will be life and there will be resources of energy and matter for millions of years to come. There is no need to panic." How nice if the future could hold his words as prophecy. -- Shrinivas Sirnoor, Senior Reporter, Deccan Herald Daily Gulbarga, India