Real Estate

Get Capital, Interest, and Rent: Essays in the Theory of PDF

By Frank A. Fetter

ISBN-10: 1610160150

ISBN-13: 9781610160155

Frank Fetter of Princeton collage was once one of many nice American Austrians, and maybe the main lucid defender of the "pure time choice" thought of curiosity within the historical past of financial rules.
Rothbard realized from him, after which accrued his top paintings right into a unmarried quantity that works as a reader at the Austrian conception of capital and curiosity. If we're tempted to consider the Austrian standpoint as a tiny minority in the career, this quantity indicates that the location has continually been extra complicated. Fetter used to be no longer an Austrian from commencing to finish, yet in this subject, not anyone wrote with extra conviction and explanatory strength.

The English is gorgeous, and good judgment is rigorous. With this reprint, Fetter back has a voice.

410 pages, 6" x 9", paperback

Show description

Read Online or Download Capital, Interest, and Rent: Essays in the Theory of Distribution PDF

Best real estate books

Vacation Home Fractional Conversion - download pdf or read online

Holiday domestic Fractional Conversion is a clean method for a altering genuine property industry. This groundbreaking publication will take the reader from a fractional possession neophyte to a degree the place Fractional possession expert might be aptly utilized. no matter if you're a genuine property expert, a house builder, a holiday property owner or just dreaming of possessing a holiday domestic.

Get Navigating the Mortgage Minefield: Your Complete Guide to PDF

The loan marketplace is in a kingdom of difficulty, and the hot takeovers of Freddie Mac and Fannie Mae have made it much more daunting. Now, greater than ever, debtors have to take accountability for his or her financing offerings. As a professional within the personal loan undefined, Richard Giannamore has helped millions of individuals steer clear of the traps which may fee them a fortune.

Download e-book for kindle: 51 Canadian Real Estate Investor Success Stories by Don R. Campbell, Joy Gregory

Fifty one good fortune tales from Canadian genuine property traders chronicles the marvelous successes -- and near-misses -- of Canadian traders who hire innovations designed by way of Canada's best-selling actual property writer, Don R. Campbell. In his first best-sellers, actual property making an investment in Canada and ninety seven information for Canadian actual property traders, Campbell exhibits what it takes to achieve genuine property making an investment.

New PDF release: Real Estate Investment: A Value Based Approach

This publication fills a niche within the present assets on hand to scholars and pros requiring an academically rigorous, yet virtually oriented resource of information approximately actual property finance. Written via a financial institution vice-president who for a few years has practiced as a advertisement lender and who teaches genuine property funding at collage point, and an educational whose zone of research is finance and especially valuation, this ebook will lead readers to really comprehend the basics of constructing a valid actual property funding choice.

Extra resources for Capital, Interest, and Rent: Essays in the Theory of Distribution

Sample text

3 In the chapter on historical development he begins with a mention of the mediaeval view of capital as "an interest-bearing sum of money," gives a few words to Turgot's "saved goods" (a very inadequate, not to say mistaken, interpretation of Turgot's view), and passes on to Adam Smith's division of these into consumption goods and capital that brings an income. In Smith's treatment the author thinks he finds the germ of the productivity theory of interest, which he considers false. 6 Among these many variations the author gives his approval to that of Adam Smith, giving it "a more distinct formulation,"7 however, and distinguishing between the wider and narrower conceptions, acquisitive (private) and productive (social) capital.

I shall then go on to formulate more positively a capital concept which will be free, I trust, from the many objections that have been considered. 4. PRIVATE AND SOCIAL CAPITAL: AN ILLOGICAL DISTINCTION I have sought in the foregoing to give a clear statement to the capital concept of Böhm-Bawerk and its recent rivals, those of Professors Clark and Fisher, to show the main points of difference, and finally to criticize in some detail the conceptions of these later writers. We are now prepared to return to the criti- 50 Capital, Interest, and Rent cism of Böhm-Bawerk's views which were the starting-point of our study, and, taking up more thoroughly than before some of the issues involved in his definition, to work towards a positive conclusion.

That is creating capital. "48 The simple mode of expression that some capital has been created, while an equal amount has been destroyed, is thus not to be permitted. Surely, since capital has substance and consists in goods, there is only one way in which its amount can be preserved while some of it is being destroyed; and that is, by "creating" more capital to replace that destroyed. And what would be the circle within which the balance must be struck? Would it be the individual, the national, or the world economy?

Download PDF sample

Capital, Interest, and Rent: Essays in the Theory of Distribution by Frank A. Fetter


by Kevin
4.2

Rated 4.24 of 5 – based on 45 votes