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==Income in philosophy and ethics== Throughout history, many have written about the impact of income on [[morality]] and [[society]]. [[Saint Paul]] wrote 'For the love of money is a root of all kinds of evil:' ([[wikisource:Bible (American Standard)/1 Timothy#6:10|1 Timothy 6:10]] ([[American Standard Version|ASV]])). Some scholars have come to the conclusion that material progress and prosperity, as manifested in continuous income growth at both the individual and the national level, provide the indispensable foundation for sustaining any kind of morality. This argument was explicitly given by [[Adam Smith]] in his ''Theory of Moral Sentiments'',<ref>{{Cite book|last=Smith|first=Adam|url=https://www.worldcat.org/oclc/1017407319|title=The theory of moral sentiments|publisher=Clarendon|year=2009|isbn=|location=Oxford|pages=|language=English|oclc=1017407319}}</ref> and has more recently been developed by Harvard economist [[Benjamin M. Friedman|Benjamin Friedman]] in his book ''The Moral Consequences of Economic Growth''.<ref>{{Cite book|last=Friedman|first=Benjamin M|url=https://www.worldcat.org/oclc/71353264|title=The moral consequences of economic growth|date=2006|publisher=Vintage Books|isbn=978-1-4000-9571-1|location=New York, NY|language=English|oclc=71353264}}</ref>
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