The nature of capital and income

Bibliographic data

Monograph

Identifikator:: 102659555X

URN:: urn:nbn:de:zbw-retromon-82920

Document type:: Monograph

Author:: Fisher, Irving http://d-nb.info/gnd/118533541

Title:: The nature of capital and income

Place of publication:: New York

Publisher:: The Macmillan Company

Year of publication:: 1923

Scope:: XXI, 427 Seiten

Digitisation:: 2019

Collection:: Economics Books

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Index

Document type:: Monograph

Structure type:: Index

Collection:: Economics Books

INDEX capital by classical economists, 63; mistake of distinguishing between capital and, 186-187; an example of capital yielding an approximately perpetual annuity, 209; determination of uses of, 221; benefits of specu- lation in, 222; taxation of, 254. Land improvements, 5, 7, 334. Landry, time element in concept of capital of, 57. Lawyer, income and outgo accounts of, 131-137, 162-164, 174-175. Lease, wealth underlying rights of, 26, 34-35. Liabilities, definition of, 67, 325, 334; relation of capital-balance to, looking to safety of a business, 81; true value of, derived from assets, 84-85, 139 ; consideration of, in income and outgo accounts, 134-135, 139-140, 162-164. Liability, limited and contingent, 82-83. Life insurance, steadying of income by, 294, 295; method of com- puting pure level premium, 410-411. Limited liability, in case of joint stock company, 82-83. Line method of representing income, 206-207, 371-372. Liquidation, resulting from bank- ruptey, 86; a crisis defined as a time of general and forced, 296. Loans, short-time: interest in case of, 194-195, 198-199; rate of discount employed for, 199, 204. Logging camp accounts, 152-157, 318. Lowell Institute, possibilities of accumulation shown by, 225. M MacCulloch, on human beings as wealth, 5 n.2; concept of capital of, 55; quoted on wage fund theory, 59. Machines, offsetting of depreciation in, 241-242. MacLeod, H. D., definition of wealth by, 4; concept of capital of, 55; includes credit under capital, 96. Marginal utility (desirability), defi- nition of, 46, 331 ; mathematical expression for, 344-345. 421 Marshall, Alfred, use of economic terms by, 43, 46, 61; treatment of capital by, 54; on distinction between capital and non-capital, 57; on concept of income, 114, 117, 347-348; on avoidance of double counting in concept of income, 114; on transformation of wealth, 145. Marx, distinction between capital and non-capital according to, 55; on relation between capital and labor, 55; denies that capital is productive, 56. Measurement of psychic income, 177. Measurement of services and dis- services, 19-20, 120-121. Measurement of wealth, by quan- tity, 8-9; by price, 9-11; by value, 13-14; inaccuracies in, 15-17; expressed mathematie- ally, 341-344. Methods of avoiding Risk. Methods of balances and couples. See Balances and Couples. risk. See Methods of standardizing income, 125-120, 243-247, 259-263, 293-294. Meyer, R., on income, 355-356. Mill, J. S., distinction between capi- tal and non-capital by, 54; capital itself regarded as a product by, 55; quoted on wage fund theory, 59. Miner’s inch, 193, 208-209. Mines, terminable income exemplified by, 209, 210. Mixter, editor of Rae’s Sociological Theory of Capital, 65 n.'. Money, uniformity of measurement by means of, 15; irredeemable paper, 27, 30; distinction be- tween three elements (wealth, property, certificates) to which term is applied, 38. Money-income, concept of, 103-104, 115, 117-118. Money price, 335. Money value, 337. Money-wages not real wages, 104. Monopoly, effect of tendency toward, on risk element, 409. Monopoly franchise, wealth under- lying rights of, 25, 27, 29.

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