I ——_—— 
  
  
INDEX 419 
is outcome or yield, 122 n.; 
effect of depreciation fund on, 
125-126, 238-243; other meth- 
ods of steadying, 127-129, 243— 
247, 259-263, 293-294 ; methods 
of reckoning real person’s (law- 
yer’s) and fictitious person’s 
(railway corporation’s), 130-139 
(see Income accounts); total 
social, 141; distribution of, 
142-143; objective, 165; ob- 
jective and subjective final stage 
of, 165-169; psychic (subjec- 
tive), 167-169, 177, 333; capital 
analogous to and correlative 
with, 184; value of capital 
derived from future, 188; pur- 
chasing power over, 191; pay- 
able annually and semi-annually, 
192; line method of represent- 
ing, 206-207, 371-372; area 
method of representing, 207- 
208, 371-374 ; determining capi- 
tal-value of, 217-221; case of 
capital-value less than total ex- 
pected, 227-228; realized vs. 
earned, 231-236, 238, 247-255, 
327-328, 353 ; perpetual annuity 
taken as the standard, 236-237; 
regulation of, by repair fund, 
259-263; risk as applied to im- 
mediate, 275-276; forecasts of, 
283-284 ; effect of changes in, on 
capital-value, 284-285 ; insurance 
a means of steadying, 293-294; 
increase of value is not, 351; 
diagrams for continuous and 
discontinuous, 371-374; repre- 
sentation of capital and, by 
polar coordinates, 393-395; two 
rival concepts of standard, when 
interest rate varies, 396-398. 
Income accounts, services and dis- 
services which enter into, 119- 
121; for house and lot, 122-126; 
of building and loan association, 
127-128; of lawyer (real per- 
son), 131-134, 135-136, 163, 
174-175; of railway corpora- 
tion (fictitious person), 138- 
139; relation between capital 
accounts and, 139, 256-264, 325; 
items of assets and liabilities 
to be included in, 139-140, 
325; of society as a total, 141- 
142; of United States, 142- 
  
    
143; entrance of interactions 
into, 143-145, 325; of logging 
camp and sawmill, to illustrate 
application of method of couples, 
152-154; of dry goods company, 
to illustrate double entry book- 
keeping, 159-162; of factory 
company, to show relation be- 
tween capital accounts and, 
258-262; summarized definition 
of, 333. 
Income and outgo accounts, 122- 
140. See Income accounts. 
Income bonds, 85. 
Income meter, “cash” in income 
accounts termed an, 137-138. 
Income-services, 121. 
Income summation, by method of 
balances, 90-91, 142-143, 183, 
335; by method of couples, 
143-152, 183-184, 335; method 
of couples contrasted with 
method of balances in, 157- 
158. 
Income tax, 250-253, 398-400 ; effect 
on capital of misconceived, 
253-254; unrestricted applica- 
tion of, impracticable, 400-403. 
Income-value, 121, 327, 333; rate of 
interest a link between capital- 
value and, 202, 327-328. 
Individual income, distinctions be- 
tween social and, 113-115. 
Insolvency, 81; true and pseudo, 82. 
Installment, payment by, as a means 
of regulating income, 127, 244— 
245. 
Instrument of wealth, 5, 19, 333. 
Insurance, origins of, 275-276 ; avoid- 
ance and shifting of risks by, 
288, 291-294; a means of 
steadying income, 293-294; 
various forms of, 294. 
Insurance companies, identity of 
creditors and stockholders in 
mutual, 85 ; terminable annuities 
used by, 210; bonds offered by, 
217; forecast of interest rate 
by, 274. 
Interactions between two instru- 
ments or groups of instruments, 
144, 325, 334; formerly styled 
“productive services,” 145; 
three classes of (transformation, 
transportation, and transfer), 
145-152; natural services of