Capital and Interest, Volumen2

Adam Smith agio amount buyers capacity for exchange capitalist Carl Menger cause commodity completely concept of capital concrete wants constitutes consumer consumption costs course definition definition of capital degree demand derived determination of price duction durable economic science economists entirely entrepreneur exchange value fact factor factor of production Fisher foregoing future greater hence important income individual influence instance interest intermediate products Irving Fisher kind law of costs magnitude marginal pairs marginal utility market price matter means of production means of subsistence methods of production month's labor nature nomic objective persons possession possible present principle production period production process productive forces quantity question reason renditions of service respect result roundabout satisfaction sellers situation social capital specimen subjective value subsistence fund supply surplus product theory of value thing tion units valuation wage wealth well-being words workers