The nature of capital and income

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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

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Part IV. Summaries

Collection:: Economics Books

314 NATURE OF CAPITAL AND INCOME [Cmar. XVI In Figure 25 all the teeth below the top layer are rep- resented to be interactions. But if any of them should be final services, they need only be carried forward by dotted lines to the top, as in Figure 26. Or if the capital repre- sented by one layer interacts with the capital represented by a layer two or more removes above it, the connection Q Fia. 26. will be represented by carrying forward the tooth by dotted lines to the proper stage. As we are at present interested in the general aspects of the subject, we need not take into account such complica- tions, but may assume, for purposes of exposition, that all capital can be arranged in a single definite series, each mem- ber of which acts upon the one above it, and so on to the end. In the actual world, it is usually possible to arrange capital roughly in such an interacting series. § 6 Two special applications may be made of the foregoing representation for the summation of capital curves. The first will show the total value of capital property and the total value of income possessed by a particular individual, and the second will show the same condition as to an entire society.

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