Abstract
Unfortunately, at least from our point of view, much greater attention has been given to statistics of wealth than to those of income. The figures of national wealth are by no means as important for the purpose in hand as are the figures of national income. They are of some importance, however, as bearing upon the nation's productive capacity. The. wealth of the nation consists largely of its technological equipment-of the things, that is, which assist the people in bringing forth the national income. Other things being equal, the larger this equipment the greater will be the income out of which new capital can be accumulated.
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More From: The ANNALS of the American Academy of Political and Social Science
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