I want a proper definition of Irving fisher of consumption based
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Irving Fisher developed the theory of intertemporal choice in his book Theory of interest (1930). Contrary to Keynes, who related consumption to current income, Fisher's model showed how rational forward looking consumers choose consumption for the present and future to maximize their lifetime satisfaction.
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Irving fisher was an American economist,....1915
best known for his work in field of caption theory.He also contributed to the development of modern monetary theory
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