A Theory of the Consumption Function newly augmented with 10 plates

newly augmented with 10 plates from Cloquet's "Anatomie de l'Homme" and 16 illustrations from Boscay's "Anatomy"

248 footnotes explain the text and add further bibliography

For this newly updated edition

Volume Two contains 74 problems from various branches of mathematics

aristotelian

A Theory of the Consumption Function newly augmented with 10 platesIn this groundbreaking work, a Nobel Prize winning economist addresses the consumption behavior of individuals and how it can be defined in a way that is supported by empirical evidence and useful for research and planning. Milton Friedman introduced a distinction between "measured income," what an individual earns in a specific period, and "permanent income," a view that takes into account a longer period in an active economic life. He was thus able