The problem of interest has engaged the attention of writers for two thousand years, and of economists since economics began. And yet, with the exception of what has been accomplished by Rae, Bohm-Bawerk, Landry, and some others, very little progress has been made toward a satisfactory solution.
This is the personal copy of Frank Knight, including liner notes and markings.
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Irving Fisher
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Endorsed by F. A Hayek, it is one of the most important works on 100 percent banking ever written. Perhaps today's economists at the Fed should take a look. From the preface to the first edition: The revival now of this ancient 100% system, with the
The problem of interest has engaged the attention of writers for two thousand years, and of economists since economics began. And yet, with the exception of what has been accomplished by Rae, Bohm-Bawerk, Landry, and some others, very little progress
References
The MacMillan Company, New York, 1907
