Irving Fisher
A leading figure in monetary economics, known for his quantity theory of money and work on interest rates.
Quotes by Irving Fisher
The rate of interest is not a price, but a ratio.
The business cycle is a monetary phenomenon.
The more we learn about the past, the better we can predict the future.
Economics is the science of wealth.
Capital is a stock, income is a flow.
The marginal utility of money diminishes as the quantity of money increases.
The future is uncertain, but we can try to make it less so.
The greatest danger to our economic system is instability.
The true measure of prosperity is not the quantity of money, but the stability of its purchasing power.
The rate of interest is a bridge between the present and the future.
The business cycle is a series of errors and corrections.
The only thing we have to fear is fear itself, and debt.
The gold standard is a relic of barbarism.
The ideal money is one that is stable in value.
The quantity theory of money is a powerful tool for understanding monetary phenomena.
The rate of interest is a reflection of human nature.
The business cycle is a challenge to human ingenuity.
The future belongs to those who prepare for it.
The greatest economic problem is how to maintain stability.
The dollar should be a yardstick, not a rubber band.