Laidler, David - University of Western Ontario, Department of Economics - 2011
Irving Fisher's encounter with the Quantity theory of Money began in the 1890s, during the debate about bimetallism …, and reached its high point in 1911 with the publication of The Purchasing Power of Money. His most important refinement of … recursive interaction with inflation as integral to it. This treatment underlay both his 1920s work on the business cycle as a …