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The Nature of Capital and Income

The Nature of Capital and Income

Hardcover

EconomicsInvesting & Finance

ISBN10: 1602069905
ISBN13: 9781602069909
Publisher: Cosimo Classics
Published: Dec 1 2007
Pages: 452
Weight: 1.74
Height: 1.00 Width: 6.14 Depth: 9.21
Language: English
America's first celebrated economist-developer of the Fisher equation, the Fisher hypothesis, and the Fisher separation theorem-offers here a rational foundation for the most fundamental of concepts behind the modern economics: capital and income. This 1906 textbooks explores such ideas as. . the difference between wealth and property rights . why one bankruptcy leads to another . the difficulties of defining income . the premium and price concepts of interest . risk in the economic arena . and much more.

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