The Theory of Interest as Determined by Impatience to Spend Income and Opportunity to Invest It

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9781614273318: The Theory of Interest as Determined by Impatience to Spend Income and Opportunity to Invest It

2012 Reprint of 1930 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. This work is an important update and reworking of Fisher's "The Rate of Interest," first published in 1907. Very fundamental changes in the nature of the world economy, principally World War I, war financing, the sensational inflation of the currencies of the combatants, and the remarkable developments in new scientific, industrial and agricultural methods had occurred; all requiring integration into a new theory. Fisher called interest "an index of a community's preference for a dollar of present [income] over a dollar of future income." He labeled his theory of interest the "impatience and opportunity" theory. Interest rates, Fisher postulated, result from the interaction of two forces: the "time preference" people have for capital now, and the investment opportunity principle (that income invested now will yield greater income in the future).

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Irving Fisher
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Description du livre Martino Fine Books, United States, 2012. Paperback. État : New. Language: English . Brand New Book ***** Print on Demand *****.2012 Reprint of 1930 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. This work is an important update and reworking of Fisher s The Rate of Interest, first published in 1907. Very fundamental changes in the nature of the world economy, principally World War I, war financing, the sensational inflation of the currencies of the combatants, and the remarkable developments in new scientific, industrial and agricultural methods had occurred; all requiring integration into a new theory. Fisher called interest an index of a community s preference for a dollar of present [income] over a dollar of future income. He labeled his theory of interest the impatience and opportunity theory. Interest rates, Fisher postulated, result from the interaction of two forces: the time preference people have for capital now, and the investment opportunity principle (that income invested now will yield greater income in the future). N° de réf. du libraire AAV9781614273318

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Description du livre Martino Fine Books, United States, 2012. Paperback. État : New. Language: English . Brand New Book ***** Print on Demand *****. 2012 Reprint of 1930 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. This work is an important update and reworking of Fisher s The Rate of Interest, first published in 1907. Very fundamental changes in the nature of the world economy, principally World War I, war financing, the sensational inflation of the currencies of the combatants, and the remarkable developments in new scientific, industrial and agricultural methods had occurred; all requiring integration into a new theory. Fisher called interest an index of a community s preference for a dollar of present [income] over a dollar of future income. He labeled his theory of interest the impatience and opportunity theory. Interest rates, Fisher postulated, result from the interaction of two forces: the time preference people have for capital now, and the investment opportunity principle (that income invested now will yield greater income in the future). N° de réf. du libraire AAV9781614273318

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Description du livre Martino Fine Books, United States, 2012. Paperback. État : New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. 2012 Reprint of 1930 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. This work is an important update and reworking of Fisher s The Rate of Interest, first published in 1907. Very fundamental changes in the nature of the world economy, principally World War I, war financing, the sensational inflation of the currencies of the combatants, and the remarkable developments in new scientific, industrial and agricultural methods had occurred; all requiring integration into a new theory. Fisher called interest an index of a community s preference for a dollar of present [income] over a dollar of future income. He labeled his theory of interest the impatience and opportunity theory. Interest rates, Fisher postulated, result from the interaction of two forces: the time preference people have for capital now, and the investment opportunity principle (that income invested now will yield greater income in the future). N° de réf. du libraire LIE9781614273318

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Description du livre Martino Fine Books. Paperback. État : New. Paperback. 610 pages. Dimensions: 8.9in. x 5.9in. x 1.4in.2012 Reprint of 1930 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. This work is an important update and reworking of Fishers The Rate of Interest, first published in 1907. Very fundamental changes in the nature of the world economy, principally World War I, war financing, the sensational inflation of the currencies of the combatants, and the remarkable developments in new scientific, industrial and agricultural methods had occurred; all requiring integration into a new theory. Fisher called interest an index of a communitys preference for a dollar of present income over a dollar of future income. He labeled his theory of interest the impatience and opportunity theory. Interest rates, Fisher postulated, result from the interaction of two forces: the time preference people have for capital now, and the investment opportunity principle (that income invested now will yield greater income in the future). This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. N° de réf. du libraire 9781614273318

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