Falsafa

Comma for either/or — dharma, courage. Spelling forgiving — corage finds courage.

    20th Century · English

    The Purchasing Power of Money

    Irving Fisher

    The Purchasing Power of Money, by Irving Fisher (1867–1947), a public-domain text from Liberty Fund's Online Library of Liberty.

    Chapters
    55
    Variants
    55
    Genre
    Economics
    Difficulty
    Advanced

    Chapters

    1. 01Preface to the First Editionprose
    2. 02Preface to the Second Editionprose
    3. 03Suggestions to Readersprose
    4. 04Addendumprose
    5. 05Chapter I: Primary Definitionsprose
    6. 06Chapter II: Purchasing Power of Money as Related to the Equation of Exchangeprose
    7. 07Chapter III: Influence of Deposit Currency on the Equation and Therefore on Purchasing Powerprose
    8. 08Chapter IV: Disturbance of Equation and of Purchasing Power During Transition Periodsprose
    9. 09Chapter V: Indirect Influences on Purchasing Powerprose
    10. 10Chapter VI: Indirect Influences (continued)prose
    11. 11Chapter VII: Influence of Monetary Systems on Purchasing Powerprose
    12. 12Chapter VIII: Influence of Quantity of Money and Other Factors on Purchasing Power and on Each Otherprose
    13. 13Chapter IX: The Dispersion of Prices Makes Necessary an Index of Purchasing Powerprose
    14. 14Chapter X: The Best Index Numbers of Purchasing Powerprose
    15. 15Chapter XI: Statistical Verification. General Historical Reviewprose
    16. 16Chapter XII: Statistics of Recent Yearsprose
    17. 17Chapter XIII: The Problem of Making Purchasing Power More Stableprose
    18. 18Appendix to Chapter II, § I (to Chapter II, § 3) The Concept of an Averageprose
    19. 19§ 2 (to Chapter II, § 5) The Concept of Velocity of Circulationprose
    20. 20§ 3 (to Chapter II, § 5) "Arrays" of p's, Q's, and pQ'sprose
    21. 21§ 4 (to Chapter II, § 5) "Arrays" of e's, m's, and V'sprose
    22. 22§ 5 (to Chapter II, § 5) The Coin-transfer Concept of Velocity and the Concept of Time of Turnoverprose
    23. 23§ 6 (to Chapter II, § 5) Algebraic Demonstration of Equation of Exchangeprose
    24. 24§ 7 (to Chapter II, § 5) P must be a Specific Form of Average in order to vary directly as M and V and inversely as the prose
    25. 25Appendix to Chapter III, § 1 (to Chapter III, § 2) "Arrays" of k's and r'sprose
    26. 26Appendix to Chapter V, § 1 (to Chapter V, § 5) Effect of Time Credit on Equation of Exchangeprose
    27. 27Appendix to Chapter VI, § 1 (to Chapter VI, § 1) Modification of Equation of Exchange required by International Tradeprose
    28. 28Appendix to Chapter VII, § 1 (to Chapter VII, § 2) Money Substitutes Unlike Other Substitutesprose
    29. 29§ 2 (to Chapter VII, § 2) Limits for Ratios within which Bimetallism is Possibleprose
    30. 30Appendix to Chapter VIII, § 1 (to Chapter VIII, § 6) Statistics of Turnover at Yale Universityprose
    31. 31§ 2 (to Chapter VIII, § 8) Four Types of Commodities Contrastedprose
    32. 32Appendix to Chapter X, § 1. Each Form of Index Number for Prices implies a Correlative Form of Index Number for Quantitiprose
    33. 33§ 2. Index Numbers for Prices occur in Antithetical Pairs as also do Index Numbers for Quantitiesprose
    34. 34§ 3. General Meanings of p's and Q'sprose
    35. 35§ 4.Review of 44 Formulæ, heading the Table Columnsprose
    36. 36The Eight Tests for a Good Index Numberprose
    37. 37§ 6. The Interior of the Table; Column 11 in Particularprose
    38. 38§ 7. The 44 Formulæ Comparedprose
    39. 39§ 8.Reasons for preferring the Median for Practical Purposesprose
    40. 40§ 9. Summaryprose
    41. 41Appendix to Chapter XII, § 1 (to Chapter XII, § 1) Professor Kemmerer's Calculationsprose
    42. 42§ 2 (to Chapter XII, § 2) Method of Calculating Mprose
    43. 43§ 3 (to Chapter XII, § 2) Method of Calculating M'prose
    44. 44§ 4 (to Chapter XII, § 3) Method of Calculating M'V' for 1896 and 1909prose
    45. 45§ 5 (to Chapter XII, § 3) Method of Calculating M'V' for 1897-1908prose
    46. 46I. An Approximate Formulaprose
    47. 47II. The Complete Formulaprose
    48. 48§ 7 (to Chapter XII, §4) Application of Formula to Calculation of V for 1896 and 1909prose
    49. 49§ 8 (to Chapter XII, § 4) Interpolating Values of V for 1897-1908prose
    50. 50§ 9 (to Chapter XII, § 5) Method of Calculating Tprose
    51. 51§ 10 (to Chapter XII, § 5) Method of Calculating Pprose
    52. 52§ 11 (to Chapter XII, § 7) Mutual Adjustments of Calculated Values of M, M', V, V', P, Tprose
    53. 53§ 12 (to Chapter XII, § 17) Credit and Cash Transactions. Comparison with Kinley's Estimatesprose
    54. 54Addendum for Second Editionprose
    55. 55Appendix to the Second Edition, on "Standardizing the Dollar"prose