Back to Mason Gaffney's post regarding those 
economists who "were discredited by leading us into, but
not out of the Great Depression of the 1930s", ie Ely and Fisher.

Actually, if Fisher was far from being 
perspicacious when the crisis started, it appears 
that he actively proposed solutions to get out of 
the crisis, especially proposing a reflation 
process, through "stamp scrips" (1932-34), to the 
candidate Roosevelt, who finally didn't follow this way.

It is rather puzzling that this part of his works 
has been almost entirely forgotten by economists.

See his books : Stamp scrip (1933) and Mastering the Crisis (1934).

And Benjamin Barber, Designs within Disorder. 
Franklin D. Roosevelt, the Economists, and the 
Shaping of American Economic Policy, 1933-45 (1996).

Jérôme Blanc