Irving Fisher

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Irving Fisher

A major 20th-century American economist. He was one of the first to suggest that the burst of an asset bubble caused by excessive debt results in deflation. He also advocated the idea that changes in the money supply directly cause price changes. He laid much of the intellectual foundation for what became monetarism. He lived from 1867 to 1947.
References in periodicals archive ?
Fisher, Irving. The Nature of Capital and Income, New York, NY: Macmillan, 1906.
Fisher, Irving. The Theory of Interest: As Determined by Impatience to Spend Income and Opportunity to Invest It, New York, NY: Macmillan, 1930.
Fisher, Irving. "The Debt-Deflation Theory of Great Depressions," Econometrica, vol.