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Irving Fisher (February 27, 1867 - April 29, 1947) was an American economist, statistician, inventor, and Progressive social campaigner. He was one of the earliest American neoclassical economists, though his later work on debt deflation has been embraced by the Post-Keynesian school. Joseph Schumpeter described him as "the greatest economist the United States has ever produced", an assessment later repeated by James Tobin and Milton Friedman. Fisher made important contributions to utility theory and general equilibrium.
Fisher is probably best remembered today in neoclassical economics for his theory of capital, investment, and interest rates, first exposited in his The Nature of Capital and Income (1906) and elaborated on in The Rate of Interest (1907). His 1930 treatise, The Theory of Interest, summed up a lifetime's research into capital, capital budgeting, credit markets, and the factors (including inflation) that determine interest rates.  Fisher saw that subjective economic value is not only a function of the amount of goods and services owned or exchanged, but also of the moment in time when they are purchased with money. A good available now has a different value than the same good available at a later date; value has a time as well as a quantity dimension. The relative price of goods available at a future date, in terms of goods sacrificed now, is measured by the interest rate. Fisher made free use of the standard diagrams used to teach undergraduate economics, but labeled the axes "consumption now" and "consumption next period" (instead of the usual schematic alternatives of "apples" and "oranges"). The resulting theory, one of considerable power and insight, was presented in detail in The Theory of Interest (for a concise exposition, see here.)  This model, later generalized to the case of K goods and N periods (including the case of infinitely many periods) has become a standard theory of capital and interest, and is described in Gravelle and Rees, and Aliprantis, Brown, and Burkinshaw. This theoretical advance is explained in Hirshleifer.
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Are there any other interesting aspects about this article?

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Fisher is probably best remembered today in neoclassical economics for his theory of capital, investment, and interest rates,


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John Anthony Gillis was born in Detroit, Michigan, the youngest of ten children--and the seventh son--of Teresa (nee Bandyk) and Gorman M. Gillis. His mother's family was Polish, while his father was Scottish-Canadian. He was raised a Catholic, and his father and mother both worked for the Archdiocese of Detroit as the Building Maintenance Superintendent and secretary in the Cardinal's office, respectively. Gillis became an altar boy, which landed him an uncredited role in the 1987 movie The Rosary Murders, filmed mainly at Holy Redeemer parish in southwest Detroit.
On December 13, 2003, White was involved in an altercation with Jason Stollsteimer, lead singer of the Von Bondies, at the Magic Stick, a Detroit club. White was charged with misdemeanor aggravated assault. He pleaded guilty to the lesser charge of assault and battery, was fined $750 (including court costs), and was sentenced to take anger management classes.  White has repeatedly referenced conflicts that erupted between him and fellow artists in Detroit's underground music scene after The White Stripes gained international success. In a 2006 interview with the Associated Press, he said that he eventually left Detroit because, "he could not take the negativity anymore." However, in an effort to clarify his feelings towards the city of Detroit itself, he wrote and released a poem called "Courageous Dream's Concern." In it, he expresses his affection for his hometown.  During their 2013 divorce proceedings, Elson entered into evidence an e-mail White had sent her that included disparaging remarks about The Black Keys. When asked about the email in a 2014 Rolling Stone magazine interview, White stood by the remarks saying, "I'll hear TV commercials where the music's ripping off sounds of mine, to the point I think it's me. Half the time, it's the Black Keys." He later apologized for the comments. However, in September 2015, Patrick Carney of the band posted a series of tweets alleging that White tried to fight him in a bar. White denied the claim in a statement to the online magazine Pitchfork, saying that Carney should talk to him directly, and not on the internet. The following day, Carney posted a tweet saying, "Talked to jack for an hour he's cool. All good." White tweeted on the Third Man Twitter account, "From one musician to another, you have my respect Patrick Carney."  On February 1, 2015, the University of Oklahoma's newspaper OU Daily ran a story regarding White's February 2 show at McCasland Field House that included the publication of White's tour rider. The rider, especially the guacamole recipe it included and White's ban of bananas backstage, received significant media coverage. It was later reported that in response to the rider's publication White's booking agency, William Morris Endeavor Entertainment, had banned its acts from playing shows at the University of Oklahoma. On February 15 White released an open letter addressed to "journalists and other people looking for drama or a diva" in which he referred to the guacamole recipe as his tour manager's "inside joke with local promoters" and "just something to break up the boredom" while criticizing journalists who wrote about the rider as "out of their element." In the same letter he forgave OU Daily for publishing the story and reaffirmed his desire to perform in Oklahoma.  In October 2016--upon learning that Donald Trump had used the White Stripes' song "Seven Nation Army" in video campaign materials--White denounced the presidential candidate, and began selling shirts reading "Icky Trump" through the Third Man Records website.
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Did he receive backlash over these remarks?

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White stood by the remarks saying, "I'll hear TV commercials where the music's ripping off sounds of mine, to the point I think it's me.