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America's first celebrated economistdeveloper of the Fisher equation, the Fisher hypothesis, and the Fisher separation theoremoffers 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.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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