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Fisher's Last Stand on the Quantity Theory: the Role of Money in the Recovery
Frank G. Steindl
Journal:

Journal of the History of Economic Thought / Volume 22 / Issue 4 / December 2000

Published online by Cambridge University Press:

11 June 2009, pp. 493-498

Print publication:

December 2000
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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.

Was Fisher a Practicing Quantity Theorist?
Frank G. Steindl
Journal:

Journal of the History of Economic Thought / Volume 19 / Issue 2 / Fall 1997

Published online by Cambridge University Press:

11 June 2009, pp. 241-260

Print publication:

Fall 1997
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The equation of exchange is identified with the name Irving Fisher. Although it is not the quantity theory, a point often made by him, it is the core organizing ingredient for his subsequent quantity theoretic analyses. It has in fact been argued that the quantity theory was central to Fisher's work, that “his fundamental premise and basis for all other analysis and policy prescription was this: money matters and matters most, [that he indeed was] the first of the modern ‘monetarists’” (Allen 1977, p. 563).

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