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FISHER, Irving.

The Money Illusion.

First Edition of Irving Fisher's The Money Illusion; In the rare original dust jacket

New York: Alephi Company, 1928.

$1,500.00
Out of Stock Item Number: RRB-119364
* Custom Clamshell Boxes are hand made by the Harcourt Bindery upon request and take approximately 60 days to complete
First edition of Fisher's classic treatise on money. Octavo, original cloth. Near fine in a near fine dust jacket. Rare in the original dust jacket.
In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. This is a fallacy as modern fiat currencies have no inherent value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes. The term was coined by John Maynard Keynes in the early twentieth century, and Irving Fisher 1928 book, The Money Illusion, is one of the most important works on the subject.
$1,500.00
Out of Stock