Book Details
Format
Hardback or Cased Book
Book Series
Great Thinkers in Economics
ISBN-10
3030051765
ISBN-13
9783030051761
Edition
2019 ed.
Publisher
Springer Nature Switzerland AG
Imprint
Springer Nature Switzerland AG
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 9th, 2019
Print length
239 Pages
Ksh 18,000.00
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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).
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.
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