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Fisher's The Nature of Capital and Income *
Author(s) -
Tobin James
Publication year - 2005
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/j.1536-7150.2005.00359.x
Subject(s) - exposition (narrative) , economics , valuation (finance) , philosophy , literature , art , finance
A bstract . In this essay James Tobin reminds us of the importance of Irving Fisher's great book and how that book was favorably received by economists. Fisher presented fundamental definitions and supplied a path breaking exposition of the mathematics of interest rates and their relationship to the valuation of assets. This essay was originally published as the “Editorial Introduction to Volume 2 of The Works of Irving Fisher , 14 vols London: Pickering & Chatto, 1997; 2:1–6.