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Meanings of Capital

Geoffrey M. Hodgson

in Conceptualizing Capitalism: Institutions, Evolution, Future

Published in print:
2015
Published Online:
January 2016
ISBN:
9780226168005
eISBN:
9780226168142
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226168142.003.0007
Subject:
Economics and Finance, Economic Systems

Originally “capital” referred to head-counts of cattle, as measures of wealth. But in thirteenth-century Italy it acquired its enduring commercial meaning as money, or the money-value of assets ... More


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