Acclaimed by Joseph Schumpeter as 'The greatest economist the United States has ever produced', this book examines the life
and work of American economist and statistician Irving Fisher (1867-1947). Fisher's reputation suffered for decades after
his incorrect predictions for the stock market in October 1929 and the impact of Keynesian macroeconomics, but the importance
of his work came to be recognized through the advocacy of many prestigious scholars including Milton Friedman, Hyman Minsky
and James Tobin. With pivotal contributions including his Debt-Deflation Theory, Fisher Diagram and Ideal Index Number, his
research in neoclassical economics influenced policymaking in his own day as well as during the recent financial crisis. This
volume will be of interest to all those interested in the twentieth century transformation of economics.