The Theory of Business Enterprise (Illustrated and Bundled with The Nature of Capital and Income)

This book has an active table of contents for readers to easy access to each chapter of the following titles:

1. The Theory of Business Enterprise - Thorstein Veblen

2. The Nature of Capital and Income – Irving Fisher

Joseph A. Schumpeter made the following comments about The Nature of Capital and Income by Irving Fisher:

"The book ..., besides presenting the first modern theory of accounting, is (or should be) the basis of modern income analysis."

Irving Fisher detailed a rational foundation in the book THE NATURE OF CAPITAL AND INCOME for the most fundamental of concepts behind the modern economics, capital and income.

This book explores the following important ideas of modern economic system:

1. Difference between wealth and property rights

2. Bankruptcy and its cascade effect

3. Challenge of defining income

4. Premium and Price concepts of interest

5. Risk in the economic arena

The Theory of Business Enterprise by one of the great American economists Thorstein Veblen constructs a theory of corporation finance that is different from the angle of Fisher’s theory.  The book was intended as a major building block in a theoretical explanation of business behavior and the cyclical movement of industrial economies. His critiques of Irving Fisher's theory of capital and interest supplemented his approach to corporation finance.

This book presents a complete view and essential theoretical foundation of capital income analysis pioneered by two of the greatest American economists. Their works are still relevant for today's world of corporate finance on large-scale, multifaceted businesses, especially those that grew through mergers and acquisitions.

This is a must read book for people who are interested in knowing origination of the essential capital and income theory pioneered by Irving Fisher and Thorstein Veblen.