Irving Fisher PDF
Preview Irving Fisher
GREAT THINKERS IN ECONOMICS Series Editor: A.P. Thirlwall I RVING FISHER Robert W. Dimand Great Thinkers in Economics Series Editor A.P. Thirlwall School of Economics University of Kent Canterbury, UK The famous historian, E. H. Carr once said that in order to understand history it is necessary to understand the historian writing it. The same could be said of economics. Famous economists often remark that specific episodes in their lives, or particular events that took place in their formative years attracted them to economics. Great Thinkers in Economics is designed to illuminate the economics of some of the great historical and contemporary economists by exploring the interaction between their lives and work, and the events surrounding them. More information about this series at http://www.palgrave.com/gp/series/15026 Robert W. Dimand Irving Fisher Robert W. Dimand Department of Economics Brock University St. Catharines, ON, Canada Great Thinkers in Economics ISBN 978-3-030-05176-1 ISBN 978-3-030-05177-8 (eBook) https://doi.org/10.1007/978-3-030-05177-8 Library of Congress Control Number: 2018962895 © The Editor(s) (if applicable) and The Author(s) 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover credit: Granger Historical Picture Archive/Alamy Stock Photo/eStudio Calamar This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland Dedicated to the memory of William J. Barber, the outstanding scholar of Irving Fisher Forthcoming Titles Alan Kirman Vilfredo Pareto Esteban Perez Roy Harrod Titles Include Robert W. Dimand Irving Fisher James Forder Milton Friedman David Reisman Thomas Robert Malthus Peter Boettke F.A. Hayek vii viii Forthcoming Titles David Reisman James Edward Meade David Cowan Frank H. Knight Nahid Aslanbeigui and Guy Oakes Arthur Cecil Pigou David Reisman James Buchanan Robert Scott Kenneth Boulding Robert W. Dimand James Tobin Peter E. Earl and Bruce Littleboy G.L.S. Shackle Barbara Ingham and Paul Mosley Sir Arthur Lewis John E. King David Ricardo Esben Sloth Anderson Joseph A. Schumpeter James Ronald Stanfield and Jacqueline Bloom Stanfield John Kenneth Galbraith Gavin Kennedy Adam Smith Julio Lopez and Michaël Assous Michal Kalecki G. C. Harcourt and Prue Kerr Joan Robinson Forthcoming Titles ix Alessandro Roncaglia Piero Sraffa Paul Davidson John Maynard Keynes John E. King Nicholas Kaldor Gordon Fletcher Dennis Robertson Michael Szenberg and Lall Ramrattan Franco Modigliani William J. Barber Gunnar Myrdal Peter D. Groenewegen Alfred Marshall Acknowledgements In my research on Irving Fisher, I have benefitted greatly from discus- sions with and encouragement from the late William J. Barber and the late James Tobin, and especially from the opportunity to be an assis- tant editor for Bill’s edition of The Works of Irving Fisher (14 volumes, London: Pickering & Chatto, 1997), for which Jim was consulting editor and Kevin Foster was the other assistant editor. I also gratefully acknowledge helpful comments on papers and draft chapters from par- ticipants in annual meetings of the Canadian Economics Association, Eastern Economic Association, European Society for the History of Economic Thought and the History of Economics Society and from the editor of this series, Anthony P. Thirlwall. I am grateful for financial support from Brock University’s Committee for Research in the Social Sciences, from the Brock University Advancement Fund and from the Cowles Foundation for Research in Economics at Yale University. I thank my coauthor Hichem Ben-El-Mechaiekh, editor Charles Renfro and IOS Press for permission to use material from “General equilibrium reaches North America: The hydraulic simulation model xi
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