Excerpt from Capital War and Wages: Three Questions in Outline Many T hings which normally have a Capital Value are for Purposes of War not Capital at all. Again, for purposes Of a mathematical calculus, certain possessions may be expressed in terms Of a capitalized value which has no relation to realizable value at all; and to many possessions a capital value may be attributed, which they actually have under some conditions, but which under others they have not. Sir Robert Giffen, for example, in computing the capital ...
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Excerpt from Capital War and Wages: Three Questions in Outline Many T hings which normally have a Capital Value are for Purposes of War not Capital at all. Again, for purposes Of a mathematical calculus, certain possessions may be expressed in terms Of a capitalized value which has no relation to realizable value at all; and to many possessions a capital value may be attributed, which they actually have under some conditions, but which under others they have not. Sir Robert Giffen, for example, in computing the capital Of the United Kingdom, included furniture, all works Of art, and the goodwills Of individual busi nesses and professions. Furniture and works Of art, including jewellery, were capitalized by him as the sum of the prices which each article would fetch were it sold to-day in isolation, without regard to the others. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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