This book proposes a more equitable distribution of wealth as the basis for a healthy society. At the time of original publication in 1907, Simon Nelson Patten (1852-1922) was Professor of Political Economy at the Wharton School of Finance and Economy at University of Pennsylvania. He also served as the President of the American Economics Association. He introduced the concept of the "consumer surplus" into modern economic theory. His other books include The Development of English Thought, The Social Basis of Religion, and Culture and War.
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Daniel M. Fox, author of The Discovery of Abundance; Simon N. Patten and the Transformation of Social Theory (1967), was Director of Field Operations of the Appalachian Volunteers, Assistant Professor of History at Harvard University, and a consultant to the U.S. Office of Economic Opportunity and the Department of Housing and Urban Development.
'At the turn of the present century, when the idea of a transition form an age of scarcity to an era of abundance was first explored by a few American social scientists, the overwhelming weight of professional and lay opinion in Europe and the United States defended the assumption of scarcity.
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