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INDEX 427

Wealth; definition of, in general
sense, 3-5, 337; ‘‘immaterial,”’
4, 39; classes of, distinguished,
5; definition of, in restricted
sense, 5-6, 337 ; scheme showing
classification of, 7; measurement
 of, 8-17 (see Measurement
 of wealth); transfer of,
10-11, 149-152 (see Exchange);
appraisement of, 11-12, 34-36;
distinction between quantity,
price, and value of, 14-15;
sources of error in measurement
 of, 15-17; meaning of
ownership of, 18; services of
instruments of, defined, 19;
rights to services of, 20-22;
and property correlative terms
and coextensive, 22-23, 95, 96;
cases in illustration of the correlation
 of, and property, 24-36;
table illustrating existence of,
behind property rights, 26-27;
partial and total ownership of,
34-36; necessity of separating
from property, certificates of
property, services, and utility,
38; division of, into fund and
flow, 7.e. capital and income,
51-53; transformation of, 145—
148; transportation of, 148-  



 

Printed in the Uni ted States of America,

149; health as, 176; appraisal
of, based on future worth, 204—
205; risk-meeting function of
stocks of, 290; diagrammatic
summation of total social, 316—
317; dimensions of price, value,
and, 341-344.
Wealth-method of taxation, 97-98.
Wear and tear, depreciation due to,
210-211.
Weight-units for measuring wealth,
8-9.
Weiss, human beings counted as
wealth by, 5 n.2
Whitman, Walt, 176.
Wieser, use of phrase ‘marginal
utility ”” by, 46.
Wine, determination of present
ralue of, based on future worth,
205.
Wittstein, on human beings as
wealth, 5 n.%
Work, distinction between labor and,
175 n2
Work dues, wealth underlying, 25,
26.

Y
Years’ purchase, concept of, 194,

209, 362.
Yield, income viewed as, 122 n.