Irving Fisher

Author:   Robert W. Dimand
Publisher:   Springer Nature Switzerland AG
Edition:   1st ed. 2019
ISBN:  

9783030051761


Pages:   239
Publication Date:   09 April 2019
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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Irving Fisher


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Overview

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.

Full Product Details

Author:   Robert W. Dimand
Publisher:   Springer Nature Switzerland AG
Imprint:   Springer Nature Switzerland AG
Edition:   1st ed. 2019
Weight:   0.462kg
ISBN:  

9783030051761


ISBN 10:   3030051765
Pages:   239
Publication Date:   09 April 2019
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

1. Economic Scientist, Economic and Social Reformer2. Indifference Curves and a Hydraulic Model of General Equilibrium3. Revitalizing the Quantity Theory of Money: From the Fisher Relation to the Fisher Equation4. The Fisher Diagram and the Neoclassical Theory of Interest and Capital5. Taming the Dance of the Dollar : from the Compensated Dollar to 100% Money6. Fighting Money Illusion: The Fisher Ideal Index Number7. Hubris, Nemesis and Analysis: Stock Prices appear to have reached a Permanently High Plateau 8. The Debt-Deflation Theory of Great Depressions9. Changing Economics: Fisher, the Cowles Commission, and the Econometric Society10. Fisher's Legacy in Economics

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Author Information

Robert Dimand is Professor of Economics at Brock University, Canada. In 2012-2013 he was President of the History of Economics Society. His first book, The Origins of the Keynesian Revolution (1988), was based on his Yale PhD dissertation, supervised by James Tobin. Since then he has authored and edited a dozen books, and more than 100 refereed journal articles. He previously published another book in this series entitled James Tobin (2014).

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