The Complete Works of Henry George volume 6

Cover The Complete Works of Henry George volume 6
The Complete Works of Henry George volume 6
Henry George
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The only approach to it is this : All wealth consists of things that satisfy wants, directly or indi- rectly. All wealth therefore consists of goods ; but not all kinds of goods are reckoned as wealth.
126 THE NATURE OF WEALTH. Book II.
But for the distinction between goods reckoned as wealth and goods not reckoned as wealth, which one would think was about to follow, the reader looks in vain. He merely finds that Professor Marshall gives him the choice of classifying goods into external-materi
...al-transferable goods, external-material-non-transferable goods, external- personal-transferable goods, external-personal-non-trans- ferable goods, and internal-personal-non-transferable goods ; or else into material-external-transferable goods, material-external-non-transferable goods, personal-exter- nal-transferable goods, personal-external-non-transferable goods, and personal-internal-non-transferable goods. But as to which of these kinds of goods are reckoned as wealth and which are not, Professor Marshall gives the reader no inkling, unless, indeed, he may be able to find it in Wag- ner's " Volkswirthschaf tslehre, " to which the reader is re- ferred at the conclusion of the chapter as throwing " much light upon the connection between the economic concept of wealth and the juridical concept of rights in private property.

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