(The following is an excerpt from author Moshe A. Mievsky's The 7 Most Important Equations for Your Retirement, from the April 2012 issue of Research Magazine.)
The greatest economic scholar of the first-half of the 20th century, Professor Irving Fisher, was born in 1867 and served as a professor of economics at Yale University during the years 1900 to 1935. He was the first celebrity economist who was venerated and often quoted by the media of his time.
Unfortunately, his credibility and celebrity status came to a thunderous end around the stock market meltdown of 1929. Just before the crash, Irving Fisher announced to the media and world at large that "stock prices are at a permanently high plateau" and that he was quite bullish.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
