Quote of the day
Words can have no single fixed meaning. Like wayward electrons, they can spin away from their initial orbit and enter a wider magnetic field. No one owns them or has a proprietary right to dictate how they will be used.
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)








