The Nature of Capital and Income.
Rare First Edition of Irving Fisher's The Nature of Capital Income
The Nature of Capital and Income.
FISHER, Irving.
Item Number: 133253
New York : The Macmillan Company, 1906.
Rare first edition of this pioneering work on the growth of wealth, by “the United States’ greatest scientific economist.” Octavo, original cloth. In near fine condition. An exceptional example, rare and desirable in this condition.
The Nature of Capital Income was the first book to develop a theory of capital on an actuarial and accounting basis. Joseph Schumpeter wrote, "besides presenting the first modern theory of accounting, is (or should be) the basis of modern income analysis."
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