Irving Fisher
Irving Fisher (february 27 1867 Saugerties, New York - april 29 1947, New York) was one of the earliest American Neoclassical economists. His work was, at the time, of unusual mathematical sophistication. He is credited with proposing the Phillips curve, the indifference curve, and the Fisher separation theorem; the Fisher equation is also named for him.
Fisher was perhaps the first celebrity economist, who may be best now known for saying that "Stock prices have reached what looks like a permanently high plateau" shortly before the stock market crash of 1929. After his stock-market prediction failed and the Great Depression started, he warned of the economic dangers of deflation. Fisher also invented the Rolodex.
Works
- Mathematical Investigations in the Theory of Value and Prices. , 1892
- Appreciation and interest, 1896
- The Nature of Capital and Income, 1906
- The Rate of Interest, 1907
- Introduction to Economic Science, 1910
- The Purchasing Power of Money, 1911
- Elementary Principles of Economics, 1911
- The best form of index number. in American Statistical Association Quarterly, 1921
- The Making of Index Numbers, 1922
- A statistical relation between unemployment and price changes, in International Labour Review, 1926
- A statistical method for measuring 'marginal utility' and testing the justice of a progressive income tax. In Economic Essays Contributed in Honor of John Bates Clark , 1927
- The Theory of Interest, 1930
- Booms and Depressions, 1932
- The debt-deflation theory of great depressions, in Econometrica, 1933
- 100% Money, 1935
