PART 1 
GENERAL FORMULATION 
OF THE THEORY OF CAPITAL 
+ 
+ 
GENERAL CONSIDERATIONS 
Definitions 
IIO. The definitions and economic notations to be used are 
siven below (1). 
Capital 
Income (‘1 
TABLE 
[ 
National reproducible capita 
Non-reproducible capital (” 
Total national capital . 
National income 
Consumed national income 
Primary income (%) . 
labour . . . 
natural resources 
ke 
XR. 
) Re 
rR. 
Xe 
() See ALLAIS (1954), The accounting basis of macro-economics. 
(3) Nominal values divided by the nominal price of an hour’s unskilled 
abour. 
3) Excluding the capitalised value of natural resources, 
The capitalised value of natural resources. 
-, Per unit of time. 
{®) The value of primary factors of production (wages and rents) (in 
trench: «revenu originaire »). 
111 Allais - pag. 17