Quote of the day
It was Nietzsche who first made us conscious of the significance of the individual as a term in the evolutionary process-in that part of the evolutionary process which has still to take place.
Irving Fisher
Born: February 27, 1867
Died: April 29, 1947 (aged 80)
Bio: Irving Fisher was an American economist, statistician, inventor, and Progressive social campaigner. He was one of the earliest American neoclassical economists, though his later work on debt deflation has been embraced by the Post-Keynesian school.
Known for:
- The Theory of Interest
- The Nature of Capital and Income (1906)
- Booms and depressions (1932)
- Elementary principles of economics (1911)