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Article: Celebrating Irving Fisher: the legacy of a great economist.
- Article from:
- The American Journal of Economics and Sociology
- Article date:
- January 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Blackwell Publishers Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 at Fisher's university, Yale, to celebrate his contributions and to examine themes in economics ...