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Researches into the Mathematical Principles of the Theory of Wealth

Cournot, A.·2020·Forerunners of Realizable Values Accounting in Financial Reporting
DOI 10.4324/9781003051091-2
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Abstract

The abstract idea of wealth or of value in exchange, a definite idea, and consequently susceptible of rigorous treatment in combinations, must be carefully distinguished from the accessory ideas of utility, scarcity, and suitability to the needs and enjoyments of mankind, which the word wealth still suggests in common speech. From a standpoint of mere etymology, whatever appertains to the organization of society belongs to the field of Political Economy; but it has become customary to use this last term in a sense much more restricted and by so much less precise. The Political Economist, being occupied principally with the material wants of mankind, only considers social institutions as far as they favour or interfere with labour, thrift, commerce, and population; and as far as they affect the subdivision between the members of society of the gifts of nature and the rewards of labour.

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Metadata

Authors
Cournot, A.
Venue
Forerunners of Realizable Values Accounting in Financial Reporting
Publisher
Routledge
Published
2020-09-04
Pages
3-13
DOI
10.4324/9781003051091-2
OpenAlex
W1967218479
Cited by
1,138
References
0
FWCI
224.26
Type
book chapter
Language
en
Open access
closed

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CoChat. (2026). Citation check: Researches into the Mathematical Principles of the Theory of Wealth. https://app.cochat.ai/papers/10.4324/9781003051091-2
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Cournot, A. (2020). Researches into the Mathematical Principles of the Theory of Wealth. Forerunners of Realizable Values Accounting in Financial Reporting. https://doi.org/10.4324/9781003051091-2

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.