----------------- HES POSTING ----------------- Irving Fisher was a strong proponent. The best source of his views on this is his collected works: Barber, W.J., (ed.) (1997, The Works of Irving Fisher, Pickering and Chatto, London I can't quote the relevant volume, but it shouldn't take long to find the relevant speeches/papers. Steve Keen ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]