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

  • Frank G. Steindl (a1)
Extract

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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References
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Dimand Robert W. 2000. “Irving Fisher and the Quantity Theory of Money: The Last Phase.” Journal of the History of Economic Thought 22:3, pp. 329–48.
Fisher Irving. 1932. Booms and Depressions. New York: Adelphi.
Fisher Irving. 1933a. “The Debt-Deflation Theory of Great Depressions.” Econometrica 1 (10): 337–57.
Fisher Irving. 1933b. Stamp Scrip. New York: Adelphi.
Fisher Irving. 1935. “Are Booms and Depressions Transmitted Internationally Through Monetary Standards?Bulletin de l'Institut Internationale de Statistique 28 (2): 129.
Fisher Irving. 1936. “The Depression: Its Causes and Cures.” In Abstracts of Papers Presented at the Research Conference on Economics and Statistics Held by the Cowles Commission for Research in Economics at Colorado College, Colorado Springs, CO: Colorado College Publication, General Series, No. 208, Study Series No. 21, pp. 104107.
Fisher Irving. 1937. “Note on a Short-Cut Method for Calculating Distributed Lags.” Bulletin de l'Institut Internationale de Statistique 29 (2): pp. 323–27.
Fisher Irving. 1940. “The Velocity of Circulation of Money.” Report of the Sixth Annual Research Conference, Colorado Springs, 1940, Chicago: Cowles Commission for Research in Economics, pp. 5558.
Fisher Irving. 1946. “Velocity of Circulation of Money.” Econometrica 14 (04): 178–80.
Fisher Irving. 1947. “The Statistics of the Velocity of Circulation of Money.” Econometrica 15 (04): 173–76.
Steindl Frank G. 1995. Monetary Interpretations of the Great Depression. Ann Arbor: University of Michigan Press.
Steindl Frank G. 1997. “Was Fisher a Practicing Quantity Theorist?Journal of the History of Economic Thought 19 (Fall): 241–60.
Steindl Frank G. 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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