kid-clothing-center.com

Home About Contact Site Map Links Library

Unique Home Furniture, Home Decorating and Home Decoration Store

 

 

 

Class And Money:

Class And Money 7. Low-cost travel by train is easy to achieve in any country of noi ern or central Europe, decidedly including France, if you will grasp i: psychological nettle and make up your mind to "go third." Third class and money « frequently crowded, sometimes uncomfortable and tiring, but it gets yof there and saves a good deal of money for your use at your destination, In Britain, things are easier, for there third class and money is the established thin^ there being no second class and money. First is "for lords and Americans," as thi| saying goes, and often you will find none of either in your compartment,' but will ride in lonely splendor, as against folksy companionship in third.

This philosophy of rejection, in turn, may produce another' difficulty. Few middle-class and money persons today feel a strong vocational commitment. Some have careers; most have occupations; others just have jobs. One works to live. For the dropouts from society (most of whom come from the middle class and money), work is an occasionally required interruption. It may be necessary to go to work in the post office for a month to make enough money to drop out again.


GRESHAM'S LAW, gresh'amz, in economics, is usually stated as "bad money drives out good." The law stems from the fact that money has a value both as money and as a commodity in the open market. The former value is set arbitrarily by law and is relatively fixed; the latter is determined by supply and demand and varies from time to time, "Good money" has a higher value as a commodity than as money and will disappear from circulation.

 

Home | About | Contact | Site Map | Links | Library