I

Ibsen, 215

Ice cube, “equilibrium” of, 250-251

Ice manufacturers, 174-176

Ideas, power of, 391-392

Imaginary constructions, 71

Income, 78 ff., 428

disposable personal, 112-113

national, 409-420

(See alsoConsumption; Investment; National Income; Savings)

Income tax, 386-387

Index numbers, 412

Individualism, 387-388

Industrial production, 449

Industrial Revolution, 246, 432

Industry boundaries, 275n.

Inequalities of income, 374-376

Inflation, 160, 161-165, 228, 301-302, 314-316, 329-332, 367, 396, 418, 419, 426, 430, 433, 434

Chilean, 161

German, 161

perpetual, 329-332

vs. piecemeal adjustment, 279-286

Insurance, and risk, 168, 180

Insurance companies, 204

Interest rate, 96, 108, 131-133, 158-162, 184, 186-188, 197-216, 236-252, 248-250, 295, 312-314, 316-318, 322-323, 330, 341, 343, 349, 422-424, 428, 429, 430, 448-450

and business cycles, 448-450

long-term, 450

a market price, 317, 434

short-term, 448-450

Interest, theory of, 158-165, 186-196, 197-216, 349, 430, 431, 450

combined, 206-212, 431

exploitation, 215, 317

monetary, 193 ff.

“natural” rate, 248-250

“own rates,” 236-252

productivity, 198 ff., 431

time-preference, 198 ff., 431

Investment, 50-51, 428, 430

and employment, 122

ex-ante and ex-post,228

“full,” 384

by government, 184, 385-390

government control of, 322-326

as government spending, 148-152

and savings, 43, 78-97, 142-148, 217-235, 377, 432

socialization of, 385-390, 434

Investment opportunity, 431

Investor, “functionless,” 382-383, 434

“Invisible hand,” 394

Jevons, W. Stanley, 14, 55, 197, 213, 286, 290, 334-336