This paper oVers a critical re-examination of Fisher’s views on the origin of the Great Depression, his “debt-deXation theory” and the policy measures he advocated. On the eve of the stock market crash in October 1929 Fisher predicted that the share prices were not overvalued and that...

The present paper analyses Luigi Einaudi's role as opinion maker in the early decades of the twentieth century, when he was the leading columnist on economic issues at the Corriere della Sera. It focuses on the scope and limits of his efforts to broaden the consensus among the Italian public...