Before revision: Haig–Simons income or Schanz–Haig–Simons income is a measure of economic income as an income measure used by public finance economists to analyze economic well-being which defines income as consumption plus change in net worth.
After revision: Haig–Simons income or Schanz–Haig–Simons income is an income measure used by public finance economists to analyze economic well-being which defines income as consumption plus change in net worth.