The flip side of the coin is that, if we use that definition of wealth, then that means wealth is also subject to entropy. A car that you restore to pristine condition will rust and decay over time, even if you don't drive it. It will lose its value.
So it seems like becoming wealthy isn't just a matter of generating value, but rather generating it faster than it disappears.
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The flip side of the coin is that, if we use that definition of wealth, then that means wealth is also subject to entropy. A car that you restore to pristine condition will rust and decay over time, even if you don't drive it. It will lose its value.
So it seems like becoming wealthy isn't just a matter of generating value, but rather generating it faster than it disappears.
Well, wealth is subject to entropy. We usualy call it "expenses".