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The industrial age spurred people to be passionate, creative, brilliant, and more productive and wealth-producing than ever before.
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Companies figure they can train individuals with both attributes to do any number of productive, wealth-creating activities in the real, working world.
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Housing is a sink of wealth that offers nothing to the productive economy.
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The rest of that wealth spills over to society at large as it becomes more productive and wealthier over time.
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The recently-enacted federal health insurance mandate will exacerbate this imbalance by transferring more Americans and their wealth to the insurance and health sectors, and out of productive industry.
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EU's current arcane budget rules, although members make payments to the budget which are broadly in line with their relative wealth, their receipts depend to a large extent on how productive their farmers are.
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For this business owner, the prospect of higher taxes is providing an incentive to try a little harder and be a little more productive in order to maintain the same after tax level of earnings, lifestyle and wealth.
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There is a huge qualitative difference between an economy built on natural resource extraction, where the populace is a cost center, and an economy built on productive labor by the population, where increasing capabilities of the society leads to more wealth.
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