Irving Fisher (Great Thinkers in Economics)


Download Irving Fisher (Great Thinkers in Economics) written by Robert W. Dimand in PDF format. This book is under the category Biographies and bearing the isbn/isbn13 number 3030051765/9783030051761. You may reffer the table below for additional details of the book.

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

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Robert W. Dimand


Palgrave Macmillan




253 pages









Table of contents

Table of contents :
Front Matter ….Pages i-xiv
Economic Scientist, Economic and Social Reformer (Robert W. Dimand)….Pages 1-15
Indifference Curves and a Hydraulic Model of General Equilibrium (Robert W. Dimand)….Pages 17-44
Revitalizing the Quantity Theory of Money: From the Fisher Relation to the Fisher Equation (Robert W. Dimand)….Pages 45-73
The Fisher Diagram and the Neoclassical Theory of Interest and Capital (Robert W. Dimand)….Pages 75-112
Taming the “Dance of the Dollar”: From the Compensated Dollar to 100% Money (Robert W. Dimand)….Pages 113-134
Fighting Money Illusion: The Fisher Ideal Index Number (Robert W. Dimand)….Pages 135-156
Hubris, Nemesis, and Analysis: “Stock Prices Appear to Have Reached a Permanently High Plateau” (Robert W. Dimand)….Pages 157-173
The Debt-Deflation Theory of Great Depressions (Robert W. Dimand)….Pages 175-200
Changing Economics: Irving Fisher, the Cowles Commission, and the Econometric Society (Robert W. Dimand)….Pages 201-221
Fisher’s Legacy in Economics (Robert W. Dimand)….Pages 223-234
Back Matter ….Pages 235-239

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