Irving fisher’s debt-deflation theory of great depressions

Review of Social Economy

Volumn 52, Issue 1, 1994, Pages 92-107

  Dimand, Robert W ^a  

^a BROCK UNIVERSITY   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0013468007     PISSN: 00346764     EISSN: 14701162     Source Type: Journal    
DOI: 10.1080/758524602     Document Type: Article

References (54)

1. Allen, William R. “Irving Fisher, F. D. R. and the Great Depression,” History of Political Economy 9.4 (1977), 560-87.
2. Barber, William J. From New Era to New Deal: Herbert Hoover, the Economists, and American Economic Policy, 1921-1933. Cambridge, UK: Cambridge University Press, 1985.
3. Barger, Harold. Review of Fisher (1932) and Money by Francis Hirst, Economic Journal 43.4 (1933), 681.
4. Cannan, Edwin. “The Demand for Labour,” Economic Journal 42.3 (1932), 357-70.
5. Cannan, Edwin. “Unemployment,” in his Economic Scares. London: King, 1933.
6. Cohrssen, Hans. “Working for Irving Fisher,” Cato Journal 10.3 (1991), 825-33.
7. De Long, J. Bradford, and Lawrence Summers. “Is Increased Price Flexibility Stabilizing?” American Economic Review 76.5 (1986), 1031-44.
8. De Long, J. Bradford, and Lawrence Summers. “Is Increased Price Flexibility Stabilizing? Reply,” American Economic Review 78.1 (1988), 273-76.
9. De Long, J. Bradford, and Lawrence Summers. “Price-Level Flexibility and the Coming of the New Deal: Reply to Sumner,” Cato Journal 9.3 (1990), 729-35.
10. Deutscher, Patrick. R. G. Hawtrey and the Development of Macroeconomics. Ann Arbor: University of Michigan Press, 1990.
11. Dimand, Robert W. “The Reception of Keynes’s Treatise on Money: A Review of the Reviews,” Perspectives on the History of Economic Thought, Vol. II, ed. D. A. Walker. Aldershot, UK: Edward Elgar, 1989.
12. Dimand, Robert W. “Keynes, Kalecki, Ricardian Equivalence and the Real Balance Effect,” Bulletin of Economic Research 43.3 (1991), 289-92. Reprinted in Mark Blaug, ed., Pioneers of Economics, Vol. 39, Michal Kalecki (1899-1970), Aldershot, UK: Edward Elgar, 1992.
13. Dimand, Robert W. “The Dance of the Dollar: Irving Fisher’s Monetary Theory of Economic Fluctuations.” Presented to History of Economics Society session at Allied Social Science Associations meetings, New Orleans, January, 1992.
14. Dominguez, Kathryn M., Ray C. Fair, and Matthew D. Shapiro. “Forecasting the Depression: Harvard versus Yale,” American Economic Review 78.4 (1988), 595-612.
15. Driskill, Robert A., and Steven M. Sheffrin. “Is Price Flexibility Destabilizing?” American Economic Review 76.4 (1986), 802-807.
16. Fairchild, Fred R., Edgar S. Fumiss, Norman S. Buck, and C. H. Whelden, Jr. A Description of the ‘New Deal’, rev. ed. New York: Macmillan, 1935.
17. Fisher, Irving. The Rate of Interest. New York: Macmillan., 1907.
18. Fisher, Irving. The Making of Index Numbers, Publication № 1 of the Poliak Foundation for Economic Research. Cambridge, MA: Houghton, Mifflin, 1922a.
19. Fisher, Irving. “Devaluation versus Deflation,” Manchester Guardian Commercial, “Reconstruction in Europe,” Section 11, December 7, 1922b.
20. Fisher, Irving. “Business Cycle Largely a ‘Dance of the Dollar’,” Journal of the American Statistical Association, New Series 18.144 (1923), 1024-28.
21. Fisher, Irving. “Our Unstable Dollar and the So-Called Business Cycle,” Journal of the American Statistical Association, New Series 20.150 (1925), 179-202.
22. Fisher, Irving. “A Statistical Relation Between Unemployment and Price Changes,” International Labour Review 13.6 (1926). Reprinted as “I Discovered the Phillips Curve,” Journal of Political Economy 81 (1973).
23. Fisher, Irving. The Theory of Interest. New York: Macmillan, 1930.
24. Fisher, Irving. Booms and Depressions. New York: Adelphi, 1932.
25. Fisher, Irving. “The Debt-Deflation Theory of Great Depressions,” Econometrica 1.3 (1933), 337-57.
26. Fisher, Irving Norton. My Father, Irving Fisher. New York: Comet, 1956.
27. Galbraith, John Kenneth. The Age of Uncertainty. Boston: Houghton Mifflin, 1977.
28. Gayer, Arthur D., ed. The Lessons of Monetary Experience. New York: Farrar & Rinehart, 1937.
29. Haberler, Gottfried. Prosperity and Depression, 3rd ed. Lake Success, NY: United Nations, 1946.
30. Hawtrey, Ralph G. Currency and Credit, 3rd ed. London: Longmans, 1927.
31. Hayek, Friedrich A. von. Prices and Production. London: Routledge, 1931.
32. Keynes, John Maynard. A Tract on Monetary Reform. London: Macmillan, 1923.
33. Keynes, John Maynard. A Treatise on Money. London: Macmillan, 1930.
34. Keynes, John Maynard. “An Economic Analysis of Unemployment,” in Quincy Wright, ed., Unemployment as a World Problem, Chicago: University of Chicago Press, 1931, 1-42.
35. Keynes, John Maynard. The General Theory of Employment, Interest and Money. London: Macmillan, 1936.
36. Keynes, John Maynard. “Relative Movements of Real Wages and Output,” Economic Journal 49.1 (1939), 34-51.
37. Keynes, John Maynard. Collected Writings, Vol. XIII, ed. E. A. G. Robinson and D. E. Moggridge, London: Macmillan, 1973.
38. Macfie, A. L. Theories of the Trade Cycle. London: Macmillan, 1934.
39. Minsky, Hyman P. John Maynard Keynes. New York: Columbia University Press, 1975.
40. Minsky, Hyman P. “Debt-Deflation Processes in Today’s Institutional Environment,” Banco Nazionale del Lavoro Quarterly Review 143 (1982).
41. Minsky, Hyman P. Stabilizing an Unstable Economy. New Haven, CT: Yale University Press, 1986.
42. Mundell, Robert A. “Inflation and Real Interest,” Journal of Political Economy 71.3 (1963), 280-83.
43. Phillips, A. W. “The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957,” Economica 25 (1958), 283-300. Reprinted in John Lindauer, ed., Macroeconomic Readings, New York: The Free Press, 1968, 107-19.
44. Presley, John R. “J. M. Keynes and the Real Balance Effect,” The Manchester School 54.1 (1986), 22-30.
45. Robbins, Lionel. The Great Depression. London: Macmillan, 1934.
46. Rothbard, Murray. America’s Great Depression, 3rd ed. Kansas City: Sheed and Ward, 1975.
47. Saulnier, Raymond. Contemporary Monetary Theory. New York: Columbia University Press, 1938.
48. Sobel, Robert. The Great Bull Market. New York: Norton, 1968.
49. Sumner, Scott. “Price-Level Stability, Price Flexibility, and Fisher’s Business Cycle Model,” Cato Journal 9.3 (1990), 719-27.
50. Tfemin, Peter. Lessons from the Great Depression, Lionel Robbins Lectures. Cambridge, MA: MIT Press, 1989.
51. Tobin, James. “Keynesian Models of Recession and Depression,” American Economic Review 65.2 (1975), 195-202.
52. Tobin, James. Asset Accumulation and Economic Activity, Yrjo Jahnssen Lectures. Chicago: University of Chicago Press, 1980.
53. Veblen, Thorstein. The Theory of Business Enterprise. New York: Charles Scribner’s Sons, 1904. Reprinted New York: Mentor Books, no date.
54. Velupillai, K. “Irving Fisher on ‘Switches of Techniques,” Quarterly Journal of Economics 89 (1975).