Irving Fisher Knihy

Příručka rozumné životosprávy podle moderních vědeckých zásad. Zdraví je základ, na němž spočívá štěstí národa a síla země! Uvědomte si to! Tato kniha Vám poradí, jak si zdraví udržeti, a bude Vám rádcem, který nikdy neselže!

The book presents Irving Fisher's theory of "debt-deflation," formulated in response to the economic turmoil following the 1929 stock market crash and the Great Depression. Fisher challenges traditional economic theories by linking economic crises to the collapse of credit bubbles. He outlines a sequence of effects triggered by this collapse, providing a framework for understanding the dynamics of financial crises. This reprint of the 1933 edition offers valuable insights into economic theory and crisis management.

The volume features two seminal works by Irving Fisher, a pioneer in modern finance. It explores his influential concepts, including the Fisher equation, hypothesis, and separation theorem, which have shaped economic theory. Fisher's insights into interest rates and capital markets provide a foundational understanding of financial principles that continue to resonate in contemporary economics.

2012 Reprint of 1930 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. This work is an important update and reworking of Fisher's "The Rate of Interest," first published in 1907. Very fundamental changes in the nature of the world economy, principally World War I, war financing, the sensational inflation of the currencies of the combatants, and the remarkable developments in new scientific, industrial and agricultural methods had occurred; all requiring integration into a new theory. Fisher called interest "an index of a community's preference for a dollar of present [income] over a dollar of future income." He labeled his theory of interest the "impatience and opportunity" theory. Interest rates, Fisher postulated, result from the interaction of two forces: the "time preference" people have for capital now, and the investment opportunity principle (that income invested now will yield greater income in the future).

The book presents a rational foundation for essential concepts in modern economics, focusing on capital and income. It explores the influential theories developed by America's first celebrated economist, including the Fisher equation, Fisher hypothesis, and Fisher separation theorem, providing insights into their significance and application in economic thought.

Focusing on economic theory, this reprint delves into Irving Fisher's influential work on capital, investment, and interest rates. Fisher, a prominent figure in neoclassical economics, introduced key concepts such as the Fisher equation and separation theorem. His contributions significantly shaped economic thought, and this edition elaborates on his theories first presented in "The Nature of Capital and Income." With a comprehensive exploration of his ideas, the book highlights Fisher's lasting impact on economics and his role as a pioneering figure in the field.

2011 reprint of 1928 edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. This is a fallacy as modern fiat currencies have no inherent value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes. The term was coined by John Maynard Keynes in the early twentieth century, and Irving Fisher 1928 book, The Money Illusion, is one of the most important works on the subject.

Culturally significant, this work preserves the authenticity of the original artifact, featuring original copyright references and library stamps. It reflects the historical context and knowledge base of civilization, making it an important resource for scholars and readers interested in the preservation of literary heritage. The reproduction aims to maintain fidelity to the original text, offering insights into its significance and the era it represents.

Irving Fisher's interest in public health was the result of a bout with tuberculosis, after which he wrote "How to Rules for Healthful Living Based on Modern Science". In his foreword to the book, former president and then-future Chief Justice William Howard Taft wrote that there were many "considerations that have influenced me to cooperate with the life extension movement, and to commend this volume to the earnest consideration of all who desire authoritative guidance in improving their own physical condition or in making effective the knowledge now available for bringing health and happiness to our people." To do that, the authors present chapters on the air, food, poisons, activities, and general hygiene, followed by sections dealing with being overweight or underweight, alcohol, posture, and tobacco -- and even how to avoid colds. Irving Fisher was a top American economist in the early 20th century who earned the first Ph.D. in economics awarded by Yale University, where he also taught political economy. He was an accomplished mathematician and an engaging and talented writer on even the most technical of subjects whose investigations ranged beyond economics to encompass astronomy, health and hygiene, mechanics, philosophy, poetry, science, and myriad public policy issues. Dr. Eugene Lyman Fisk was the chairman of the Life Extension Institute, under whose auspices this book was published.