The Nature Of Capital And Income

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 …