Tag archive for Boom and Bust

• Jul 05, 2016
• IanRunge
• 0
• Boom and Bust, Business Cycles, DCF, Economics, NPV

Irving Fisher (1867-1947) was one of the greatest and clearest-thinking economists of all time.  He established the theoretical support for modern discounted cash flow analysis, writing that “the value of capital is the present value of the flow of (net) […]