From edgeworth to fisher to vickrey: A comment on Michael J. Boskin's Vickrey lecture

Irving Fisher has been overlooked as an influence on William Vickrey's work on taxation and as a link between Edgeworth and Vickrey. Vickrey was Fisher's last and greatest student.     

Keynes on inflation and exchange rates

Atlantic Economic Journal -     

Keynes on Global Economic Integration

Keynes's vision of how to reorganize the world's financial system after World War II was rooted in his longstanding effort to understand both the strengths and weaknesses of the pre-1914 era of globalization under the gold standard.     

Cournot, Bertrand, and game theory: A further note

This note synthesizes the discussion on the role of Cournot and Bertrand in the analysis of duopoly by drawing on the history of the debate. We conclude that while Bertrand presented a critique of the mathematical economics of Cournot and stimulated the analysis of strategic choice in game theory, he did not present a duopoly model with price as a strategic variable, as opposed to Cournot's model with quantity. In fact, Cournot has both types of models. We show that Irving Fisher contributed to the myth about Bertrand's duopoly theory.     

Fisher, Keynes, and the Corridor of Stability

A bstract .   This chapter draws on the debt-deflation process of Fisher (1933 ) as well as on Keynes (1936 , chapter 19) and Tobin (1975 , 1980 ) to explore the concept of a corridor of stability, where an economy will be self-adjusting only for demand shocks small enough to leave it within that corridor.     

H. G. J. as a Chronicler of the Keynesian Revolution: His Search of a Non Revolutionary Account

Repeatedly throughout his career, and especially when giving special invited lectures to national gatherings of economists, Harry Johnson reexamined the impact of Keynes's General Theory and its parallels with the revival of the quantity theory of money. This paper explores Johnson's changing view of the recent history of macroeconomics and particularly of the Keynesian Revolution, a term that he found problematic.     

Fixed capital in the Ricardian theory of value and distribution

This paper examines the determination of exchange values, income distribution, output and population in a Ricardian stationary state with fixed capital under less restrictive assumptions than previous studies. A fully determined and internally consistent model is derived with differing capital/labour ratios between sectors, with emphasis on showing that the assumptions made are drawn from Ricardo's writings. The model is extended to include gold and foreign trade.     

Economists and the Shadow of "The Other" Before 1914

A bstract    This paper examines how economists from David Hume to Irving Fisher have struggled with the applicability of their analyses to those who differed from them in gender, ethnicity, class, or race. Particular attention is paid to how Fisher's discussion of racial and ethnic differences in capital accumulation and time preference changed between The Rate of Interest (1907 ) and The Theory of Interest (1930 ), and how it drew on earlier work by John Rae (to whom Fisher dedicated both those books).