In this essay James Tobin reminds us of the importance of Irving Fisher's great book and how that book was favorably received by economists. Fisher presented fundamental definitions and supplied a path breaking exposition of the mathematics of interest rates and their relationship to the...

This essay is reprinted from Eatwell, J., M. Milgate and P. Newman (eds.) "The New Palgrave: A Dictionary of Economics". 1987, 2: 369-376. United Kingdom, London and Basingstoke: The Macmillan Press Limited; New York, N.Y. The Stockton Press and Japan, Maruzen Company Limited. The essay is...

In this essay, James Tobin discusses Fisher's <link rid="b6">"Elementary Principles of Economics" (1912</link>). This essay was first published in the "American Economic Review: Papers and Proceedings", 87 (May 1997): pp. 430-432. We are grateful to the American Economic Association for permission to republish this...