The Theory of Interest As Determined by Impatience to Spend Income and Opportunity to Invest It

The Theory of Interest As Determined by Impatience to Spend Income and Opportunity to Invest It
Author: Irving Fisher
Publisher: Martino Fine Books
Total Pages: 610
Release: 2012-07-01
Genre: Business & Economics
ISBN: 9781614273318

2012 Reprint of 1930 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. This work is an important update and reworking of Fisher's "The Rate of Interest," first published in 1907. Very fundamental changes in the nature of the world economy, principally World War I, war financing, the sensational inflation of the currencies of the combatants, and the remarkable developments in new scientific, industrial and agricultural methods had occurred; all requiring integration into a new theory. Fisher called interest "an index of a community's preference for a dollar of present [income] over a dollar of future income." He labeled his theory of interest the "impatience and opportunity" theory. Interest rates, Fisher postulated, result from the interaction of two forces: the "time preference" people have for capital now, and the investment opportunity principle (that income invested now will yield greater income in the future).

The Money Illusion

The Money Illusion
Author: Irving Fisher
Publisher: Simon and Schuster
Total Pages: 152
Release: 2014-03-27
Genre: Business & Economics
ISBN: 1627939997

In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. In other words, the numerical/face value (nominal value) of money is mistaken for its purchasing power (real value). This is false, as modern fiat currencies have no inherent value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes. The term was coined by John Maynard Keynes in the early twentieth century. Almost every one is subject to the "Money Illusion" in respect to his own country's currency. This seems to him to be stationary while the money of other countries seems to change. It may seem strange but it is true that we see the rise or fall of foreign money better than we see that of our own.-IRVING FISHER

Elementary Principles of Economics

Elementary Principles of Economics
Author: Irving Fisher
Publisher: Legare Street Press
Total Pages: 0
Release: 2023-07-18
Genre:
ISBN: 9781019379646

Gain a solid understanding of economic principles with this classic text by Irving Fisher. Starting from basic concepts such as supply and demand, Fisher covers everything from the nature of money to the role of government in the economy, providing clear and concise explanations along the way. This book is an essential resource for students and anyone seeking to understand the workings of the modern economy. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Business Taxation and Financial Decisions

Business Taxation and Financial Decisions
Author: Deborah Schanz
Publisher: Springer Science & Business Media
Total Pages: 415
Release: 2010-10-17
Genre: Business & Economics
ISBN: 3642032842

Managerial decisions are considerably influenced by taxes: e.g. the choice of location, buying or leasing decisions, or the proper mix of debt and equity in the company's capital structure increasingly demand qualified employees in an economic environment that is becoming more and more complex. Due to the worldwide economic integration and constant changes in tax legislation, companies are faced with new challenges – and the need for information and advice is growing accordingly. This book's goal is to identify and quantify possible tax effects on companies' investment strategies and financing policies. It does not focus on details of tax law, but instead seeks to address students and practitioners focusing on corporate finance, accounting, investment banking and strategy consulting.

Voluntary National Content Standards in Economics

Voluntary National Content Standards in Economics
Author: National Council on Economic Education
Publisher: Council for Economic Educat
Total Pages: 122
Release: 1997
Genre: Business & Economics
ISBN: 9781561834334

This essential guide for curriculum developers, administrators, teachers, and education and economics professors, the standards were developed to provide a framework and benchmarks for the teaching of economics to our nation's children.

Economics in One Lesson

Economics in One Lesson
Author: Henry Hazlitt
Publisher: Crown Currency
Total Pages: 220
Release: 2010-08-11
Genre: Business & Economics
ISBN: 0307760626

With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

Stable Money

Stable Money
Author: Irving Fisher
Publisher:
Total Pages: 476
Release: 1934
Genre: Currency question
ISBN:

London edition (G. Allen & Unwin ltd.) has title: Stabilised money. "Selected bibliography (in addition to the 285 titles mentioned in the text [etc.])": pages 418-425.

Your Money or Your Life

Your Money or Your Life
Author: Vicki Robin
Publisher: Penguin
Total Pages: 385
Release: 2008-12-10
Genre: Business & Economics
ISBN: 0143115766

A fully revised edition of one of the most influential books ever written on personal finance with more than a million copies sold “The best book on money. Period.” –Grant Sabatier, founder of “Millennial Money,” on CNBC Make It "This is a wonderful book. It can really change your life." -Oprah For more than twenty-five years, Your Money or Your Life has been considered the go-to book for taking back your life by changing your relationship with money. Hundreds of thousands of people have followed this nine-step program, learning to live more deliberately and meaningfully with Vicki Robin’s guidance. This fully revised and updated edition with a foreword by "the Frugal Guru" (New Yorker) Mr. Money Mustache is the ultimate makeover of this bestselling classic, ensuring that its time-tested wisdom applies to people of all ages and covers modern topics like investing in index funds, managing revenue streams like side hustles and freelancing, tracking your finances online, and having difficult conversations about money. Whether you’re just beginning your financial life or heading towards retirement, this book will show you how to: • Get out of debt and develop savings • Save money through mindfulness and good habits, rather than strict budgeting • Declutter your life and live well for less • Invest your savings and begin creating wealth • Save the planet while saving money • …and so much more! "The seminal guide to the new morality of personal money management." -Los Angeles Times