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The Money Illusion Irving Fisher

  • SKU: BELL-1684696
The Money Illusion Irving Fisher
$ 31.00 $ 45.00 (-31%)

5.0

58 reviews

The Money Illusion Irving Fisher instant download after payment.

Publisher: Snowball Publishing
File Extension: PDF
File size: 5.35 MB
Pages: 256
Author: Irving Fisher
ISBN: 9781607961833, 1607961830
Language: English
Year: 2009

Product desciption

The Money Illusion Irving Fisher by Irving Fisher 9781607961833, 1607961830 instant download after payment.

In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. This is a fallacy 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, and Irving Fisher book, The Money Illusion, is one of the most important works on the subject.

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