This 14-volume edition contains the key works and commentary by leading Fisher scholars, allowing modern readers access to the major issues in Fisherian economic thought.

This 14-volume edition contains the key works and commentary by leading Fisher scholars, allowing modern readers access to the major issues in Fisherian economic thought.

This 14-volume edition contains the key works and commentary by leading Fisher scholars, allowing modern readers access to the major issues in Fisherian economic thought.

This 14-volume edition contains the key works and commentary by leading Fisher scholars, allowing modern readers access to the major issues in Fisherian economic thought.

This 14-volume edition contains the key works and commentary by leading Fisher scholars, allowing modern readers access to the major issues in Fisherian economic thought.

This 14-volume edition contains the key works and commentary by leading Fisher scholars, allowing modern readers access to the major issues in Fisherian economic thought.

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.

An essential origin story of modern society’s most influential economic doctrine. The Chicago School of economic thought has been subject to endless generalizations—and mischaracterizations—in contemporary debate. What is often portrayed as a monolithic obsession with markets is, in fact, a nuanced set of economic theories born from decades of research and debate. The Monetarists is a deeply researched history of the monetary policies—and personalities—that codified the Chicago School of monetary thought from the 1930s through the 1960s. These policies can be characterized broadly as monetarism: the belief that prices and interest rates can be kept stable by controlling the amount of money in circulation. As economist George S. Tavlas makes clear, these ideas were more than just the legacy of Milton Friedman; they were a tradition in theory brought forth by a crucible of minds and debates throughout campus. Through unprecedented mining of archival material, The Monetarists offers the first complete history of one of the twentieth century’s most formative intellectual periods and places. It promises to elevate our understanding of this doctrine and its origins for generations to come.

This 14-volume edition contains the key works and commentary by leading Fisher scholars, allowing modern readers access to the major issues in Fisherian economic thought.