The rate of interest
Interest in Fisher’s economic framework
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AlbakiReads Editorial
Interest in Fisher’s economic framework
First published in 1907, Irving Fisher’s *The Rate of Interest* develops the account of capital, investment and interest rates that he had begun in *The Nature of Capital and Income*. The 2009 reprint brings this work back in paperback. Its subject is the relationship between investment and the pricing of interest, situated within Fisher’s broader theory of capital and income. The book offers a historical source for readers examining how an early American neoclassical economist framed these economic concepts; it presents Fisher’s theoretical treatment rather than a guide to current financial practice.
Good fit for readers who enjoy
- Readers studying the history of economic thought and early neoclassical economics
- Readers interested in theories of capital, investment and interest rates
- Students or researchers seeking Fisher’s 1907 work in a reprint edition
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