Statistische Angaben über die hauptsächlich am Weltverkehr beteiligten Länder

Der Produktionsprozeß des Kapitals (1.1928)

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Monograph

Identifikator:: 1004921209

URN:: urn:nbn:de:zbw-retromon-18251

Document type:: Monograph

Author:: Schander, Carl Friedrich Albert http://d-nb.info/gnd/105516362X

Title:: Statistische Angaben über die hauptsächlich am Weltverkehr beteiligten Länder

Place of publication:: Kiel

Publisher:: Druck von Schmidt & Klaunig

Year of publication:: 1913

Scope:: 1 Online-Ressource (73 Seiten)

Digitisation:: 2017

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: VI. Außenhandel

Collection:: Economics Books

CHAPTER VII INCOME § 1 Income has already been defined as a flow through a period of time and not, like capital, as a fund at an instant of time, and as consisting of abstract services and not, like capital, of concrete wealth. The income from any instru- ment is thus the flow of services rendered by that instrument. The income of a community is the total flow of services from all its instruments. The income of an indi- vidual is the total flow of services yielded to him from his property. Before attempting to elaborate or even to justify this definition, we have first to examine the erroneous concepts of income now current. The present chapter is devoted to such an examination. It is no exaggeration to say that at present the state of economic opinion on this important subject is deplorably confused and conflicting. Many writers fail to construct any definition whatever, either because they find the task too difficult, or because they deem the concept too obvious to require definition. And those who do set themselves the task of reaching a working concept of income do not find it an easy one; and authors often confess dissatisfac- tion with their own results. The definitions which are given are usually vague. Their authors, often able and distinguished, and keenly alive to the difficulties of the subject, seem to take refuge ! For a collection of conflicting definitions see Appendix to Chap. VIL § 1. 101

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