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The desire for wealth does not need to be taught; it is an integral part of all human nature. Hence, when young men in the army attack cities and scale back walls, break through the enemy lines and drive back the foe … it is because they are spurred on by the prospect of rich reward... In like manner, when the women of Chao and the maidens of Cheng paint their faces and play upon the large lute, flutter their long sleeves and trip about in pointed slippers, invite with their eyes and beckon with their hearts, considering it no distance at all to travel a thousand miles to meet a patron, not caring whether he is old or young, it is because they are after riches … When officials in the government juggle with phrases and twist the letter of the law, carve fake seals and forge documents, heedless of the mutilating punishments of the knife and saw that await them if they are discovered, it is because they are drowned in bribes and gifts … Thus men apply all their knowledge and...

It befits those who possess sound judgment to recognize that they have received wealth as a stewardship, and not for their own enjoyment; thus, when they are parted from it, they rejoice as those who relinquish what is not really theirs, instead of becoming downcast like those who are stripped of their own - St Basil the Great ( Source : On Social Justice)

Robert Skildesky has an interesting piece on the limits of using Gross Domestic Product (national income or output) as a measure of social wellbeing (or welfare). There has been a renewed push following the credit crisis for alternative measures to underpin policy direction of governments. For many years many governments have focused on increasing GDP but many a calling for a shift in think – wealth is proving not to be enough. Part of the problem is not only that money can’t buy happiness but also that how money is distributed affects many people’s happiness: Another finding has...started to influence the current debate on growth: poor people within a country are less happy than rich people. In other words, above a low level of sufficiency, peoples’ happiness levels are determined much less by their absolute income than by their income relative to some reference group. We constantly compare our lot with that of others, feeling either superior or inferior, whatever our income l...