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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (20257)1/1/2012 10:50:56 AM
From: grusumRead Replies (1) of 24758
 
Have you ever seen an NFL game where an aerial shot of the host city shows a lot of fancy expensive downtown glass and steel tower buildings? One thinks, "look at all that wealth". The wealth of it all is ZERO. When one comprehends this assertion, one can be considered to have advanced in the understanding of principles of economics.

if the buildings are being used, and they would probably be replaced if destroyed, why wouldn't they be considered wealth?

i'd very much like to know what the definition of wealth is.
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