1. The reception of Fisher's Purchasing Power of Money in England.
- Author
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Diatkine, Sylvie
- Subjects
- *
HISTORY of economics , *NEOCLASSICAL school of economics , *MONETARY theory - Abstract
This article will describe the critical reception of Fisher's book by the Cambrige authors. First, we will begin with a description of the relationship between Fisher (1911) and the British Monetary Orthodoxy. Next, we shall examine the relationship between Fisher (1911) and the Cambridge School and Hawtrey. This will lead into a study of Keynes’ comments on Fisher (1911). We shall show that all referred positively to Fisher. However, they were also critical of Fisher's method and this was to contribute, in turn, to making their own analyses more precise, in particular regarding the role of credit. [ABSTRACT FROM PUBLISHER]
- Published
- 2013
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