About Simon N. Patten
Simon Nelson Patten was an American economist and the chair of the Wharton School of Business at the University of Pennsylvania. Patten was one of the first economists to posit a shift from an 'economics of scarcity' to an 'economics of abundance'; that is, he believed that soon there would be enough wealth to satisfy people's basic needs and that the economy would shift from an emphasis on production to consumption.
Notable works:
The economic basis of protection
All Simon N. Patten Quotes
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