{"product_id":"the-theory-of-interest-as-determined-by-impatience-to-spend-income-and-opportunity-to-invest-it-9781614273318","title":"The Theory of Interest as Determined by Impatience to Spend Income and Opportunity to Invest It","description":"2012 Reprint of 1930 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. This work is an important update and reworking of Fisher's \"The Rate of Interest,\" first published in 1907. Very fundamental changes in the nature of the world economy, principally World War I, war financing, the sensational inflation of the currencies of the combatants, and the remarkable developments in new scientific, industrial and agricultural methods had occurred; all requiring integration into a new theory. Fisher called interest \"an index of a community's preference for a dollar of present  income] over a dollar of future income.\" He labeled his theory of interest the \"impatience and opportunity\" theory. Interest rates, Fisher postulated, result from the interaction of two forces: the \"time preference\" people have for capital now, and the investment opportunity principle (that income invested now will yield greater income in the future).\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=AUTH-889604\"\u003eIrving Fisher\u003c\/a\u003e\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Martino Fine Books\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/25\/2012\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 610\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.95lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 1.35d\u003cbr\u003e\u003cb\u003eISBN13:\u003c\/b\u003e 9781614273318\u003cbr\u003e\u003cb\u003eISBN10:\u003c\/b\u003e 1614273316\u003cbr\u003e\u003cb\u003eBISAC Categories:\u003c\/b\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS016000\"\u003eConsumer Behavior | General\u003c\/a\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS034000\"\u003eInterest\u003c\/a\u003e\u003cbr\u003e\u003cp\u003e\u003ci\u003eThis title is not returnable\u003c\/i\u003e\u003cbr\u003e\u003c\/p\u003e","brand":"Martino Fine Books","offers":[{"title":"Default Title","offer_id":44521840115949,"sku":"9781614273318","price":30.25,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0550\/8097\/6621\/products\/img_5c43dfb2-1743-43b0-9c26-14438d6d9fda.jpg?v=1701296813","url":"https:\/\/sureshotbooks.com\/products\/the-theory-of-interest-as-determined-by-impatience-to-spend-income-and-opportunity-to-invest-it-9781614273318","provider":"SureShot Books Publishing LLC","version":"1.0","type":"link"}