Insights on deflation theory
ABSTRACT Irving Fisher offered a ‘tentative’ debt-deflation theory of great depressions rather than a fully consistent theory of his ‘creed’: “I say ‘creed’ because, for brevity, it is purposely expressed dogmatically and without proof. [...] it is quite tentative” (Fisher 1933, p. 337). The paper a...
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| Format: | Article |
| Language: | English |
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Editora 34
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| Series: | Brazilian Journal of Political Economy |
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| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572018000200338&lng=en&tlng=en |