Distribution of personal wealth in Northern-Ireland

Abstract

The economist shares an interest with the rest of mankind in wealth, the manner in which it is held, by persons in a state and its distribution among those persons. Current wealth is a measure both of past economic growth, and of abstinence from consumption of income in previous years. Wealth is also an important factor influencing economic growth and prosperity in the future. Wealth is important to the individual, in that it can assist its holder to achieve a greater command over current goods and services than that conveyed by current income alone, either by spending part of the accumulated capital, or by using the capital as security in order to borrow from financial institutions.