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.