15+ Irving Fisher Quotes On Education, Government And Socialism

Irving Fisher was an American economist who made important contributions to economics in the late 19th and early 20th centuries. He developed the theory of capital and interest, the Fisher equation of exchange, and the Fisher separation theorem. He also popularized the use of the term "economics" and the concept of the economic cycle. Following is our collection on famous quotes by Irving Fisher on education, leadership, government.

Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months. — Irving Fisher

Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess — Irving Fisher

There may be a recession in stock prices, but not anything in the nature of a crash. — Irving Fisher

The end of the decline of the Stock Market will probably not be long, only a few more days at most. — Irving Fisher

The rate of interest acts as a link between income-value and capital-value. — Irving Fisher

FISHER SEES STOCKS PERMANENTLY HIGH — Irving Fisher

For the immediate future, at least, the outlook (stocks) is bright. — Irving Fisher

The U. S. is headed toward a period of business depression... beginning within the next two years, which may exceed that which preceded the War. ... The only thing that will save us is a new gold policy or the discovery of a new process or additional gold fields. If the fall [of gold production] is not prevented by design or accident we shall throttle business, wringing out all profits and experiencing all the evils of deflation. — Irving Fisher

If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn't have, as banks can do. Only commercial banks and trust companies can lend money that they manufacture by lending it. — Irving Fisher

Our society will always remain an unstable and explosive compound as long as political power is vested in the masses and economic power in the classes. In the end one of these powers will rule. Either the plutocracy will buy up the democracy, or the democracy will vote away the plutocracy. — Irving Fisher

The rate of interest acts as a link between income-value and capital-value — Irving Fisher

Stock prices have reached what looks like a permanently high plateau. — Irving Fisher

The real scientific study of the distribution of wealth has, we must confess, scarcely begun. The conventional academic study of the so-called theory of distribution into rent, interest, wages, and profits is only remotely related to the subject. This subject, the causes and cures for the actual distribution of capital and income among real persons, is one of the many now in need of our best efforts as scientific students of society. — Irving Fisher

The nation is marching along a permanently high plateau of prosperity — Irving Fisher

How much there is I want to do! I always feel that I haven't time to accomplish what I wish. I want to read much. I wanted to write a great deal. I want to make money. — Irving Fisher

Life Lessons by Irving Fisher

1. Irving Fisher's work emphasizes the importance of understanding the relationship between economic variables and the role of monetary policy in influencing economic outcomes.
2. He was a pioneer in the development of the field of econometrics, which uses statistical methods to analyze economic data.
3. His research also highlighted the importance of understanding the effects of inflation and debt on economic stability.