Denys Fisher Denys Fisher Denys Fisher (11 May 1918 – 17 September 2002) was an English engineer who invented the spirograph toy and created the company Denys Fisher Toys. He left Leeds University to join the family firm, Kingfisher (Lubrication) Ltd. In 1960 he left the firm to set up his own company, Denys Fisher Engineering, in Leeds. In 1961 the company won a contract with NATO to supply springs and precision components for its 20 mm cannon. Between 1962 and 1964 he developed various drawing machines from Meccano pieces, eventually producing a prototype Spirograph. Patented in 16 countries, it went on
Mathematical economics the United States at the time. While his first models of production were static, in 1925 he published a dynamic "moving equilibrium" model designed to explain business cycles—this periodic variation from overcorrection in supply and demand curves is now known as the cobweb model. A more formal derivation of this model was made later by Nicholas Kaldor, who is largely credited for its exposition. Much of classical economics can be presented in simple geometric terms or elementary mathematical notation. Mathematical economics, however, conventionally makes use of calculus and matrix algebra in economic analysis in order to make powerful claims that