张五常口中的天才费沙，说的就是这位了

IRVING FISHER, THE THEORY OF INTEREST, AS DETERMINED BY IMPATIENCE TO SPEND INCOME AND OPPORTUNITY TO
INVEST IT (1930)

ABOUT THE AUTHOR
Irving Fisher was one of America’s greatest mathematical economists and one of the clearest economics
writers of all time. He had the intellect to use mathematics in virtually all his theories and the good sense to
introduce it only after he had clearly explained the central principles in words. Although he damaged his
reputation by insisting throughout the Great Depression that recovery was imminent, contemporary economic
models of interest and capital are based on Fisherian principles. Similarly, monetarism is founded on Fisher’s
principles of money and prices.

ABOUT THE BOOK
Fisher was one of America’s greatest mathematical economists. This book is still used a textbook and is an
outstanding example of clearly written economic theory.

THE EDITION USED
The Theory of Interest, as determined by Impatience to Spend Income and Opportunity to Invest it (New
York: Macmillan, 1930).

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