The Path of a Powerful Idea

The economics that Irving Fisher espoused should not be discarded. But clearly, there are some issues with it

Irving Fisher

The Yale professor, Irving Fisher's, work presaged most of modern financial economics. He was also infamously bullish on stocks in 1929—just before the Crash.

Bettman / Corbis
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The Yale professor's work presaged most of modern financial economics. He was also infamously bullish on stocks in 1929 — just before the Crash

See pictures of the stock market crash of 1929.

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