Spencer Heath Archive

Item 1991

Pencilings in a notebook containing dates between July and October 1934

Original is in item 1978.

     Adam Smith defined wealth clearly as product of labor but afterwards lapsed into poetic imagery and called brains, aptitudes, etc., wealth.

     If we call everything wealth how can we have categories?

     Plato, admonished: “He shall be as a god to me who can rightly define and divide.”

     Money and credits are score cards to keep account of and determine wealth movement.