What is the most objective measure of an individual's wealth?

On Mar 10, 9:19 am, ta nc.rr.com> wrote:

Maybe unit for measuring wealth would be a minimal amount need to
just survive without suffering malnutrition and physical abuse?

Living wage is a term used to describe the minimum hourly wage
necessary for a person to achieve some specific standard of living. In
the context of developed countries such as the United Kingdom or
Switzerland, this standard generally means that a person working forty
hours a week, with no additional income, should be able to afford a
specified quality or quantity of housing, food, utilities, transport,
health care, and recreation. This concept differs from the minimum
wage in that the latter is set by law and may fail to meet the
requirements of a living wage.

http://en.wikipedia.org/wiki/Living_wage

"ta" nc.rr.com> wrote in message
news:fccb4a0c-2464-4f21-8153-e202ada1c16f@d62g2000hsf.googlegroups.com...

Rubies and gold

On Mar 10, 12:19 pm, ta nc.rr.com> wrote:

I would think the value of a man possession in comparison to the
amount/type of land they could buy.
Wealth systems based upon land have a long tradition.

On Mar 10, 12:28 pm, Immortalist yahoo.com> wrote:

On Mar 10, 12:19 pm, ta nc.rr.com> wrote:

Perhaps, the free market value of all of his disposable goods and
property.

When he dies we auction everything and the proceeds are his wealth at
that moment.

On Mon, 10 Mar 2008 09:19:05 -0700 (PDT), ta nc.rr.com>
wrote:

Assets as a multiple of local median wages.

-- Roy L

On Mon, 10 Mar 2008 18:13:28 GMT, royls@telus.net wrote:

How about assets as a multiple of national average cost of
living?

Art
http://home.epix.net/~artnpeg

ta wrote:

Depends where you live. How about Bhutan?

ta nc.rr.com> wrote:

Assets.