The Nature of Capital and Income

Editora:

Cosimo

Código:

491_9781602069909

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Americas 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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