2011年5月30日星期一

About IRVING FISHER AS A POLICY ADVOCATE

Article  about IRVING FISHER AS A POLICy ADVOCATE-THE ECONOMIC MIND IN AMERICA
Fisher’s conception of the  course of his lengthy professional career.
The first stage of his policy advocacy on this subject emerged as a byproduct of his work when preparing The Purchasing Power of Money (which appeared in 1911). This study had been conceived as an analytic statement of the quantity theory of money
Some of the techniques of monetary manipulations he recommended to engineer “reflation” built on foundations he had laid earlier. He was certainly in character when urging the Federal Reserve to launch an aggressive program of open-market purchases, with the objective of expanding the quantity of“check book” money.
we can see Fisher has done a lot of contribution to American economy,although we are in mordern time,fisher's ideas still influence on us

2 条评论:

  1. Dear Cen
    Please can you write to me what do you think of writing blogs and what do you learn from this practice?
    Kind Regards

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  2. sorry for late for answer,l think to write blog is really a good way to show our ideas and share with others,especially when you want to share something with others,because maybe you cannot speak it good by talking,however through writting blog,you can think it carefully and clearly,and showing it on blog.it is really a good way that can help us and readers.

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