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Fisher's Last Stand on the Quantity Theory: the Role of Money in the Recovery

  • Frank G. Steindl (a1)

In his recent article, Robert Dimand details for the profession the existence of four obscure papers by Irving Fisher (1935, 1936, 1937, 1940). He also brings to our attention two brief Econometrica contributions (Fisher 1946, 1947), neither of which is listed in the American Economic Association's Index of Economic Journals, as he points out. For this, and for his careful discussion of the content of those papers, we are indeed in his debt.

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Irving Fisher . 1933a. “The Debt-Deflation Theory of Great Depressions.” Econometrica 1 (10): 337–57.

Frank G. Steindl 1998. “The Decline of a Paradigm: The Quantity Theory and Recovery in the 1930s.” Journal of Macroeconomics 20 (Fall): 821–41.

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Journal of the History of Economic Thought
  • ISSN: 1053-8372
  • EISSN: 1469-9656
  • URL: /core/journals/journal-of-the-history-of-economic-thought
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