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In Defense of Deflation

Jezik EngleskiEngleski
Knjiga Tvrdi uvez
Knjiga In Defense of Deflation Philipp Bagus
Libristo kod: 09038578
Nakladnici Springer International Publishing AG, prosinac 2014
This book analyses the causes and consequences of deflation. In contrast to the widespread belief th... Cijeli opis
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This book analyses the causes and consequences of deflation. In contrast to the widespread belief that deflation would be harmful to the economy as a whole, the author argues that free market deflation is liberating and beneficial. Several myths of deflation are exposed and the reasons for the widespread deflation phobia that serves to justify expansionary monetary policy, i.e., inflation are investigated. Two historical case studies, the growth deflation in the US after the Civil War and the bank credit deflation in Germany during the Great Depression are discussed to illustrate the points made in the theoretical analysis of deflation.

Informacije o knjizi

Puni naziv In Defense of Deflation
Autor Philipp Bagus
Jezik Engleski
Uvez Knjiga - Tvrdi uvez
Datum izdanja 2014
Broj stranica 215
EAN 9783319134277
ISBN 3319134272
Libristo kod 09038578
Nakladnici Springer International Publishing AG
Težina 498
Dimenzije 165 x 244 x 18

Kategorija

Economics, Finance, Business & Management > Economics > Macroeconomics > Monetary economics
Economics, Finance, Business & Management > Economics > Political economy
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