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IRVING FISHER, THE THEORY OF INTEREST, AS ... - Liberty Fund

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.

irving fisher, the theory of interest, as determined by impatience to spend income and opportunity to invest it (1930) the theory of interest ...

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