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Acclaimed by Joseph Schumpeter as ‘The greatest economist the United States has ever produced’, this book examines the life and work of American economist and statistician Irving Fisher (1867–1947). Fisher’s reputation suffered for decades after his incorrect predictions for the stock market in October 1929 and the impact of Keynesian macroeconomics, but the importance of his work came to be recognized through the advocacy of many prestigious scholars including Milton Friedman, Hyman Minsky and James Tobin. With pivotal contributions including his Debt-Deflation Theory, Fisher Diagram and Ideal Index Number, his research in neoclassical economics influenced policymaking in his own day as well as during the recent financial crisis. This volume will be of interest to all those interested in the twentieth century transformation of economics.

Fisher, Irving, --- Fuishā, Ābiingu, --- Economic history. --- Macroeconomics. --- Economic policy. --- Financial crises. --- History of Economic Thought/Methodology. --- Economic History. --- Macroeconomics/Monetary Economics//Financial Economics. --- Economic Policy. --- Financial Crises. --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy --- Economic conditions --- History, Economic --- Economists - United States - Biography --- Economics - United States - History --- Fisher, Irving, - 1867-1947 --- Economists