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FISHER, Irving.

The Theory of Interest.

As determined by impatience to spend income and opportunity to invest it.

New York: The Macmillan Company, 1930 Stock Code: 129479
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First edition of Fisher's Theory of Interest, a revised version of his earlier book The Rate of Interest (1907). Dedicated to John Rae and Böhm-Bawerk, it is a further development of their ideas: "its greatness as a book lies wholly in its outstanding pedagogic qualities... which amounted to the demonstration that the real rate of interest is determined by both demand and supply, by the demand for production and consumption loans on the one hand and the supply of savings on the other" (Blaug, Great Economists before Keynes, p. 79).

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Octavo. Original dark blue fine-ribbed cloth, spine lettered in gilt with single gilt rules at ends, front cover blocked in blind.


With 3 folding tables.


An ex-library copy in excellent condition; shelfmark to lower spine sometime removed, San Francisco College for Women Library stamp and accession number to the title leaf verso and matching card pouch pasted to rear pastedown; additionally with the bookplate of Monsignor Joseph M. Gleason (1869-1942), Californian priest, historian, and book collector, to the front pastedown. Else the contents clean, the cloth notably bright and unmarked, and with some minor bruising to spine ends and one small closed tear at gutter of half-title.


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