●Enrique G. Mendoza, “Crisis lessons from Irving Fisher: Fix the debt-deflation disease, not its symptoms”(VOX, February 12, 2009) In a seminal 1933 article, Mr. Irving Fisher offered a very different and innovative view. He focused on the meltdown of financial markets, the devastating effects of a downward spiral connecting the deflation of assets and goods prices, the process of deleveraging by