ABSTRACT

Professor of political economy at Yale University (1898–1935) and author of 29 books on a wide range of matters of academic and public interest, Irving Fisher was widely and deeply respected among his peers. In a memorial to Fisher in the September 1947 issue of the American Economic Review, Paul H. Douglas, then a professor of economics at the University of Chicago and later a United States senator (D–Illinois, 1949–67), wrote “More than any other American economist he united a subtle and powerful mind with a passionate crusading spirit for human welfare, and backed up by an ample means he was equally tireless in promoting both.”