Wednesday 2 June 2021

The necessity of money

The first chapter of Herbert M Casson's old book, How to get and use money, Indian edition published in 1969 by DB Taraporevala Sons & Co Private Ltd of Bombay contained some basic truths about money and living life properly. I wonder whether the book is still in print?

I'll summarise Casson's basic truths about money in case the image can't be read properly:
  • Three ways of getting money: inherit it, marry it, earn it
  • Three things we must have: food, clothing, shelter
  • Right policy regarding money: get all you can, save all you can, give all you can
  • Three duties of business: to its shareholders, to its employees, to the public.
All these truths still apply today.




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