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(Principles of Prosperity)
Summary• Air, food and sex are basic physical animal needs. Consumables (material and services) beyond them are human desire. • Only humans have desires and they desire for prosperity increment. • Time value of a person at a time is his/her access capacity to consumables at that moment. • Prosperity is directly proportional to one's time value. • In a free market society, change in one's prosperity affects the prosperity of others. • Prosperities of people of different societies are proportional to the prosperities between those societies themselves. • Prosperities between two persons are proportional to commercial values of their products. •In a market society, least prosperous one cannot prosper without external intervention. • Production of un-similar products can disguise its production cost and allows overpricing it. • In a process of capital and technology transfer, potato chips go first and microchips follow a long way after. • ‘As per need and as per capacity' is true only for basic animal needs, prosperity desire acts all the time.
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