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Synopsis
Excerpt from Principles of Economics, Vol. 2
Securities yield an income to the owner, and as part of his capital. In themselves these of ownership or of indebtedness. A stock.
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- PublisherForgotten Books
- Publication date2024
- ISBN 10 1528343255
- ISBN 13 9781528343251
- BindingPaperback
- LanguageEnglish
- Number of pages591
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Principles of Economics, Vol. 2 (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book analyzes the relationship between capital and interest in the distribution of wealth. The author argues that interest arises from the existence of a class of capitalists who own and control the means of production. The author posits interest as a premium paid to those who abstain from immediate consumption to accrue and lend out capital. The author also proposes that the productivity of capital determines the rate of return. The author concludes that in advanced communities, the process of capitalistic application of labor leads to greater productivity, which in turn leads to accumulation of capital, increased return to capitalists, and ultimately emergence of a class of individuals who do not need to work for a living. This process results in inequality in the distribution of wealth, with the capitalists appropriating a disproportionate share of the gains from increased productivity. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781528343251_0
Quantity: Over 20 available
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Principles of Economics, Vol. 2 (Classic Reprint)
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9781528343251
Quantity: 15 available
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Principles of Economics, Vol. 2 (Classic Reprint)
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 4 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9781528343251
Quantity: 15 available