Transcription of IRVING FISHER, THE THEORY OF INTEREST, AS DETERMINED …
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IRVING FISHER, THE THEORY OF INTEREST, AS DETERMINED …
11/02/2005 02:31 PMFisher_0219 Page 1 of 183 ONLINE LIBRARY OF LIBERTY Liberty Fund, Inc. 2005 FISHER, THE THEORY OF interest , AS DETERMINED BY IMPATIENCE TO SPEND income AND OPPORTUNITY TOINVEST IT (1930)URL of this E-Book: of original HTML file: ABOUT THE AUTHORI rving Fisher was one of America s greatest mathematical economists and one of the clearest economicswriters of all time. He had the intellect to use mathematics in virtually all his theories and the good sense tointroduce it only after he had clearly explained the central principles in words. Although he damaged hisreputation by insisting throughout the Great Depression that recovery was imminent, contemporary economicmodels of interest and capital are based on Fisherian principles. Similarly, monetarism is founded on Fisher sprinciples of money and prices. ABOUT THE BOOKF isher was one of America s greatest mathematical economists. This book is still used a textbook and is anoutstanding example of clearly written economic THEORY .
FAIR USE STATEMENT This material is put online to further the educational goals of Liberty Fund, Inc. Unless otherwise stated in the ... CHAPTER I INCOME AND CAPITAL § 1. SUBJECTIVE, OR ENJOYMENT, INCOME § 2. OBJECTIVE, OR REAL, INCOME (OUR "LIVING") § 3. COST OF LIVING, A MEASURE OF REAL INCOME
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