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Americas first celebrated economistdeveloper of the Fisher equation theFisher hypothesis and the Fisher separation theoremoffers here a rationalfoundation for the most fundamental of concepts behind the modern economicscapital and income. This 1906 textbooks explores such ideas as. . thedifference between wealth and property rights . why one bankruptcy leads toanother . the difficulties of defining income . the premium and priceconcepts of interest . risk in the economic arena . and much more. «
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