Irving Fisher
A leading figure in monetary economics, known for his quantity theory of money and work on interest rates.
Quotes by Irving Fisher
A depression is a period of slackening activity.
Human vitality is the most precious of all national assets.
The dollar is now worth only 50 cents compared to 1914.
Prohibition will work great injury to the cause of temperance.
The war has taught us that we can produce more with less waste.
Interest is the price paid for the use of money.
Health is the first wealth.
The index number is a device for measuring changes in prices.
Capital is unspent income.
The future is discounted in the present.
Tobacco is a poison.
The business cycle is a fluctuation in economic activity.
Wealth is income capitalized.
The value of money is its purchasing power.
Deflation is far more injurious than inflation.
Life insurance is a contract to pay a certain sum upon the death of the insured.
The rate of interest measures impatience.
National income is the sum of all incomes.
The slump is over.
Eugenics is the science of improving the human race.