Friday, May 6, 2011

A Material Event

A material event means any event that has any direct material consequences. Any event that can happen has one of the following direct material consequences:

1. It increases the wealth of the one, but has no impact on the material wealth of the other
2. It decreases the wealth of the one, but has no impact on the material wealth of the other
3. It increases both consumers' wealth
4. It decreases both consumers' wealth
5. It increases the wealth of the one and decreases the wealth of the other
6. It has no impact on the material wealth of neither

An event can be both material and spiritual at the same time, both or neither.



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