The Nature of Capital and Income

Focusing on economic theory, this book presents Irving Fisher's foundational insights into capital, investment, and interest rates. Originally published in 1906, it explores concepts that have become central to neoclassical economics, such as the Fisher equation and hypothesis. Fisher, a prominent figure in his time, has left a lasting legacy through his intellectual contributions. This reprint of his work offers a comprehensive understanding of his theories, which continue to influence economic thought today.