Posts Tagged ‘ Irving Fisher ’

Bailout of Fannie and Freddie

Sep 11th, 2008 | By | Category: Economics, Macro Economics, Politics
In February 1946, when they were both old men, Joseph Schumpeter wrote a letter to Irving Fisher explaining why he could not accept a plan on a proposed committee on monetary policy. He tried to soften his rejection by expressing his admiration for Irving Fisher. “I consider you one of the ...read more

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Lessons of the Great Depression

Mar 31st, 2008 | By | Category: Macro Economics
Irving Fisher was probably the greatest American economist, both in terms of the development of economic theory and as a teacher. In 1933, having himself misread the early stages of the Great Depression — and virtually bankrupted himself by ill-judged speculation — Fisher published one of his most important works. ...read more

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