For the past 250 years, beginning with Adam Smith, economists have been trying to understand the nature of poverty and wealth.

And in order to interpret these two (antagonistic) categories must be defined in terms of.

What is Wealth?

What is Poverty?

There is not and will not be a universal measuring tool for such measurements. Peoples living on different continents, at different times, are too complex an Object for such questioning.

Fortunately, Fernand Braudel helped to find a certain Optium for the Middle Ages and the Renaissance. He took it for an average reasonable income to work as a mason’s assistant on the construction of a cathedral or a private house..

For the sake of decency, it would be correct to be defined in the lacuna of a certain household, but in an atomized society of Metamodern, other formats are possible.

Without going into details, we take this Profit as 1 silver coin per week.

Or 50 silver coins a year, or one-fifteenth of that in gold equivalent.

The year was similar to 300-hundred days, taking into account church holidays and weather conditions.

In modern times, this method no longer works... But once again, we can think of Henry Ford's pay on the assembly line as a measure of decent pay that divided male workers into the conditionally rich and the poor.

The presence of a used car for $ 200 (two hundred), and an apartment house with two bedrooms was separated by a certain, understandable criterion of average wealth... Before the early seventies, say.

It was $5-6 (Five, Six) dollars per working day. Under Henry, adjusted for inflation.

How to calculate sufficient payment since the mid-seventies (after the escape of the Shah of Iran)?

After the 2008 crisis?

That’s the question. Buying a car is not a problem.

Buying a house or apartment is a problem..!

We propose to include an alternative method of accounting. And go from nasty.

It doesn’t matter what you can buy in a month, a quarter, a year, or 30 years.

What matters is:

What, specifically, do you not have enough money earned?

Here are six sets of Fernand Braudel’s everyday structure:

Bread basket - 12 kg per month

Meat basket -6 kg. per month

Fruit basket 12 kg. per month

Type of visitHORECA

Type "Fuagra, cheese and wine"

Ccook and products from the market (for yourself and guests)

Having your own house, characteristically, starting with the set of "Fuagra".

We consider this separation to be sufficient and fundamental.

Ithaca, gentlemen. Consider yourself among the recipients or beneficiaries of the Earthly blessings and define yourself as an economic entity.

There is also an opportunity to relax abroad, and your own box in the opera house. And, of course, insurance, which includes a dentist.

But there’s no one outside of the Fuagra set.

In which currencies, which countries will be measured this wealth or lack is completely irrelevant. And that’s the main thing.

I propose to take this as the foundation of the glorious working hypothesis of Poverty and Wealth.

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