The rate of interest acts as a link between income-value and capital-value.
Author
Irving Fisher
1 quotation
About Irving Fisher
Irving Fisher was an American economist, statistician, inventor, eugenicist 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. Joseph Schumpeter described him as "the greatest economist the United States has ever produced", an assessment later repeated by James Tobin and Milton Friedman.
Read on Wikipedia → Find books by Irving Fisher
Topics:
Finance