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My proposition is to take an in depth examination of Irving Fisher's views on the origin of the Great Depression, his debt deflation theory and the policy measures he advocated. Only days prior to the stock market crash, Fisher predicted that the shares were in fact not overvalued and their increases were due to new profit opportunities created by new technological advances and increases in productivity...
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My proposition is to take an in depth examination of Irving Fisher's views on the origin of the Great Depression, his debt deflation theory and the policy measures he advocated. Only days prior to the stock market crash, Fisher predicted that the shares were in fact not overvalued and their increases were due to new profit opportunities created by new technological advances and increases in productivity...
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