America's first celebrated economist-developer of the Fisher
equation, the Fisher hypothesis, and the Fisher separation
theorem-offers here a rational foundation for the most fundamental
of concepts behind the modern economics: capital and income. This
1906 textbooks explores such ideas as. . the difference between
wealth and property rights . why one bankruptcy leads to another .
the difficulties of defining income . the "premium" and "price"
concepts of interest . risk in the economic arena . and much more.
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