Fisher's Capital And Income

Fisher's Capital and Income is a book written by Thorstein Veblen, a prominent American economist and sociologist. The book is a critical analysis of the economic theories and principles put forth by Irving Fisher, a renowned economist of the time.Veblen's book provides a detailed examination of Fisher's ideas on capital and income, and offers a critique of his theories. He argues that Fisher's ideas are flawed and do not accurately reflect the realities of the economic system. Veblen suggests that Fisher's theories are based on a narrow and incomplete understanding of the economic system, and that they fail to take into account the social and cultural factors that influence economic behavior.The book is divided into several chapters, each of which focuses on a specific aspect of Fisher's theories. Veblen begins by discussing Fisher's concept of capital, and goes on to examine his ideas on income, interest, and money. He also discusses Fisher's views on the role of government in the economy, and offers his own perspective on these issues.Throughout the book, Veblen draws on his extensive knowledge of economics and sociology to provide a nuanced and insightful analysis of Fisher's ideas. He challenges many of the assumptions that underlie Fisher's theories, and offers a fresh perspective on the economic system.Overall, Fisher's Capital and Income is a thought-provoking and challenging book that will be of interest to anyone interested in economics, sociology, or political theory. Veblen's critique of Fisher's ideas is well-researched and well-argued, and provides an important contribution to the ongoing debate about the nature of the economic system.The concept has sufficient stability and precision to serve their needs; and, if the economist is to deal with the phenomena of modern life in which this concept serves a use of first-rate importance, he must take the term and the concept as he finds them. It is idle fatigue to endeavor to normalise them into a formula which may suit his prepossessions but which is not true to life. The mountain will not come to Mahomet.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.