Irving Fisher

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Irving Fisher. 2 connected concepts: Velocity of money (related to), Quantity theory of money (related to).

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Community · Velocity of money

Summary

Irving Fisher was an American economist, statistician, inventor, eugenicist and progressive social campaigner.

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Connections2

formalizer of the velocity concept
Fisher popularized the equation of exchange and provided the modern definition of velocity as the frequency with which money changes hands.
SourcesWikipedia Wikidata Wikipedia Wikidata
popularizer of the theory in the 20th century
Fisher formalized the quantity theory of money in his 1911 work 'The Purchasing Power of Money', providing the modern mathematical framework used today.
SourcesWikipedia Wikidata Wikipedia Wikidata

Facts