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


IN: Hooker's date of birth is a subject of debate; the years 1912, 1915, 1917, 1920, and 1923 have been suggested. Most sources give 1917, though at times Hooker stated he was born in 1920. Information in the 1920 and 1930 censuses indicates that he was born in 1912. In 2017, a series of events took place to celebrate the purported centenary of his birth.

Beginning in 1962, Hooker gained greater exposure when toured Europe in the annual American Folk Blues Festival. His "Dimples" became a successful single on the UK Singles Charts in 1964, eight years after its first US release. Hooker began to perform and record with rock musicians. One of his earliest collaborations was with British blues rock band the Groundhogs. In 1970, he recorded the joint album Hooker 'n Heat, with the American blues and boogie rock group Canned Heat, whose repertoire included adaptations of Hooker songs. It became the first of Hooker's albums to reach the Billboard charts, peaking at number 78 on the Billboard 200. Other collaboration albums soon followed, including Endless Boogie (1971) and Never Get Out of These Blues Alive (1972), which included Steve Miller, Elvin Bishop, Van Morrison, and others.  Hooker appeared in the 1980 film The Blues Brothers. He performed "Boom Boom" in the role of a street musician. In 1989, he recorded the album The Healer with Carlos Santana, Bonnie Raitt, and others. The 1990s saw additional collaboration albums: Mr. Lucky (1991), Chill Out (1995), and Don't Look Back (1997) with Morrison, Santana, Los Lobos, and additional guest musicians. His re-recording of "Boom Boom" (the title track for his 1992 album) with guitarist Jimmie Vaughan became Hooker's highest charting single (number 16) in the UK. Come See About Me, a 2004 DVD, includes performances filmed between 1960 and 1994 and interviews with several of the musicians.  Hooker died in his sleep on June 21, 2001, in Los Altos, California. He is interred at the Chapel of the Chimes in Oakland, California. He was survived by eight children, 19 grandchildren, and numerous great-grandchildren.

Are there any other interesting aspects about this article?

OUT: Beginning in 1962, Hooker gained greater exposure when toured Europe in the annual American Folk Blues Festival.


IN: Adam Carolla was born in Los Angeles County, California. His mother's maiden name was McCall. His parents separated when Adam was young. Carolla was not given a middle name by his parents; on his driver's license application he listed his middle name as "Lakers" as a joke.

On September 28, 2002, Carolla married Lynette Paradise. Lynette gave birth to their first children, twins Natalia and Santino "Sonny" Richard Carolla on June 7, 2006. On The Adam Carolla Show, Adam repeatedly mentioned the birth was originally scheduled for June 6, but that he and Lynette decided to push it back one day as to avoid the symbolic 666 (06-06-06).  Carolla was a part owner of Amalfi, an Italian restaurant in Los Angeles. The restaurant is now closed.  Carolla won the 2013 Pro/Celebrity Race as a professional and the 2012 Pro/Celebrity Race at the Toyota Grand Prix of Long Beach as an amateur. The race was run on April 14, 2012 and was broadcast on Speed TV. In 2013, Carolla again competed in the Toyota Grand Prix race, this time he raced as a pro-driver. Carolla finished first in the Pro category in the 2013 race Carolla has previously participated in the race in 2010 and 2003. He finished ninth among 19 racers (fifth among the ten celebrities) in 2010 despite being regarded as a pre-race favorite. He is also a serious automobile collector with over 20 cars. His collection includes several Lamborghinis from the 1960s and early 1970s, including two Miuras (of 764 examples ever produced), one of which he has loaned to the Petersen Automotive Museum in Los Angeles, two 400GT 2+2s (of 247 units produced) and a 1965 350GT (one of 135 built). At least one Ferrari and Aston Martin and several vintage race cars round out the collection.  Carolla conceived the fortified wine cocktail 'Mangria' (a pun on sangria), which later became commercialized with the Napa Valley-based Patio Wine Company as a partner.

What are some interesting facts about Adam's life?

OUT:
On September 28, 2002, Carolla married Lynette Paradise. Lynette gave birth to their first children, twins Natalia and Santino "Sonny" Richard Carolla on June 7, 2006.