Question #320568

Explain the main contribution for Irving Fisher, Economist of neo-classical school of Economic Thought and how his contributions have improved the modern day understanding and application of Economics.

( In 400 words)


Expert's answer

Irving Fisher (February 27, 1867 — April 29, 1947) was an American economist, one of the early American neoclassical economists. He contributed to the development of economics, using mathematical and statistical procedures, as well as developing theories from the Austrian school of economics.


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