Celebrating Irving Fisher: the legacy of a great economist.

The American Journal of Economics and Sociology | January 1, 2005| | Copyright

Introduction (1)

Irving Fisher made seminal contributions across an astonishing spectrum of economic science: monetary policy rules, the neoclassical theory of capital and interest, expected inflation as the difference between real and nominal interest, the Fisher "ideal" index number, indexed bonds, correlation analysis, distributed lags, the "Phillips curve," the debt-deflation process, taxing consumption rather than income, the value of human capital and improvement in health, even the computation of general equilibrium. On May 8 and 9, 1998, economists gathered ...

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