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Irving Fisher

  • Robert W. Dimand
Book

Part of the Great Thinkers in Economics book series (GTE)

About this book

Introduction

Acclaimed by Joseph Schumpeter as ‘The greatest economist the United States has ever produced’, this book examines the life and work of American economist and statistician Irving Fisher (1867–1947). Fisher’s reputation suffered for decades after his incorrect predictions for the stock market in October 1929 and the impact of Keynesian macroeconomics, but the importance of his work came to be recognized through the advocacy of many prestigious scholars including Milton Friedman, Hyman Minsky and James Tobin. 
 
With pivotal contributions including his Debt-Deflation Theory, Fisher Diagram and Ideal Index Number, his research in neoclassical economics influenced policymaking in his own day as well as during the recent financial crisis. This volume will be of interest to all those interested in the twentieth century transformation of economics.

Keywords

Indifference Curves Hydraulic Model of General Equilibrium Quantity Theory of Money Fisher Relation Fisher Equation Fisher Diagram Neoclassical economics Theory of Interest and Capital Debt-Deflation Theory Irving Fisher History of economic thought

Authors and affiliations

  • Robert W. Dimand
    • 1
  1. 1.Department of EconomicsBrock UniversitySt. CatharinesCanada

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-030-05177-8
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2019
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-030-05176-1
  • Online ISBN 978-3-030-05177-8
  • Buy this book on publisher's site
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