Stable Money.

FISHER, Irving.

$7,200.00

Item Number: 2825

New York: Adelphi Publishers, 1934.

First edition of Fisher’s classic treatise. Octavo, original blue cloth. Presentation copy, inscribed and dated by the author on the front free endpaper, “To Mr. Alden A. Potter with the compliments and good wishes of Irving Fisher November, 1941.” Near fine in the rare dust jacket that has a small chip to the crown and light rubbing to the exterior. Housed in a custom half morocco clamshell box.

Irving Fisher was one of the greatest economists of the twentieth century making important contributions to utility theory and his work on the quantity theory of money inaugurated the school of economic thought known as "monetarism." Milton Friedman called Fisher "the greatest economist the United States has ever produced." Some concepts named after Fisher include the Fisher equation, the Fisher hypothesis, the international Fisher effect, and the Fisher separation theorem.