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Article: Irving Fisher's spendings (consumption) tax in retrospect.
- 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
IRVING FISHER'S REMARKABLE CAREER, and even more remarkable writings, left their indelible marks everywhere across what has emerged as the discipline of economics. From mathematical formalization to intertemporal optimization, general equilibrium, monetary theory, and public finance, the imprint remains sharp and strong. What is striking is that the deepest conceptual contributions repeatedly are driven by the most practical of concerns and presented in language that is aimed at persuasion for implementation of practical proposals, logically following from his conceptual or theoretical economic analysis.
In 1942, when he was an ...