The Nature of Capital and Income (Paperback) (ISBN-13: 9781596059962)

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.

Author: Irving Fisher
ISBN-10: 1596059966
ISBN-13: 9781596059962
Publisher: Cosimo Classics
Language: English
Published: 12/01/2006
Pages: 452
Format: Paperback
Weight: 1.45lbs
Size: 9.00h x 6.00w x 1.01d