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"Fisher's" Nature of Capital and Income

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  • James Tobin

Abstract

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. Copyright 2005 American Journal of Economics and Sociology, Inc..

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  • James Tobin, 2005. ""Fisher's" Nature of Capital and Income," American Journal of Economics and Sociology, Wiley Blackwell, vol. 64(1), pages 207-214, January.
  • Handle: RePEc:bla:ajecsc:v:64:y:2005:i:1:p:207-214
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    Cited by:

    1. Brennan, Andrew John, 2013. "A critique of the perceived solid conceptual foundations of ISEW & GPI — Irving Fisher's cognisance of human-health capital in ‘net psychic income’," Ecological Economics, Elsevier, vol. 88(C), pages 159-166.

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