IRVING FISHER

Irving Fisher



Irving Fisher

Introduction

On February 27, 1867 in Saugerties, New York, Irving Fisher was born. Este character year, an unusual mathematician, studied at Yale University in Newhaven, Connecticut. The center manages to graduate, completing a doctorate in business administration in 1888 and a PhD in 1891. At Yale, he worked as a mathematics teacher and then national economy in the years 1890 to 1893, he tutored math during the 1891-1893 period, for a period of two years (1893-1895) he served as assistant professor of mathematics , was also assistant professor of politics and social sciences from 1895-1898, was in charge of imparting lessons as a teacher of the course of economic policy during an interval spanning from 1898-1935, finally he recognizes his work as an educator "emeritus "(1935-1947).

Its high prestige weakened sharply after what was called "the crash of 1929", which meant a drop in their authority in groups that were guided by their influences. Apparently Fisher, published an article which claimed that the bag had reached a "high plateau" that would never go down, speculation apparently not due to market behavior.

Fisher made ??very generous and significant contributions to the science of economics. He wrote numerous articles on mathematics, economic policy, tuberculosis, diet and public health (Loef, 1999). Even one of the most significant occupations during the course of his career was the position he held as a presidential adviser in the texts but omitted the name can deduct that time was president.

The opportunity to invest curve was one of the many issues created and developed by the economist, which is how, sacrificing some consumption today, production operations enable us to obtain consumption tomorrow. This curve is presented as a technical transformation curve real space equals the marginal return from forgoing present consumption for future consumption.

The date of death of this character are still doubtful, while some say that he died in New Haven, Connecticut, on April 19, 1947, others say it was in the U.S. but in New York one of April 29, 1947.

Ahead a list of their most outstanding works.

Mathematical Investigations in the theory of value and prices (1812)

Elements of geometry (1816)

Nature of Capital and Income (1906)

The interest rate (1907)

National Vitality (1911)

Elementary principles of economies (New York, 1912)

The purchasing power of money (1928)

Theory of Interest (1930).

Discussion

Probably anyone who has studied introductory economics course knows the Quantity Theory of Money, though you may not know that it was made ??by one of the greatest American economists, Irving Fisher. The Interest of Irving Fisher for the most varied social aspects led him to take sides in all causes; from the defense of the outdoor life product-many believe he suffered tuberculosis-up the fight for world peace (Slitor, 1973). Fisher wrote numerous articles on mathematics, Economic Policy, diet and public health. But in addition to this multiplicity of issues, incurred a significant and novel in Economic Science. Among other things, besides developing the quantity theory, indifference curves proposed as a method of analysis, introduced important economic distinction between stocks and flows, ...