Téléchargez le livre : In Defense of Deflation

In Defense of Deflation

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Éditeur :

Springer


Collection :

Financial and Monetary Policy Studies

Paru le : 2014-12-26

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Description
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.
Pages
215 pages
Collection
Financial and Monetary Policy Studies
Parution
2014-12-26
Marque
Springer
EAN papier
9783319134277
EAN EPUB
9783319134284
Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
21
Taille du fichier
604 Ko
Prix
105,49 €

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