The rate of interest

Focusing on economic theory, this reprint delves into Irving Fisher's influential work on capital, investment, and interest rates. Fisher, a prominent figure in neoclassical economics, introduced key concepts such as the Fisher equation and separation theorem. His contributions significantly shaped economic thought, and this edition elaborates on his theories first presented in "The Nature of Capital and Income." With a comprehensive exploration of his ideas, the book highlights Fisher's lasting impact on economics and his role as a pioneering figure in the field.