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Item Details
Title: MONEY AND INFLATION
By: Frank Hahn
Format: Paperback

List price: £9.50


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0262580624
ISBN 13: 9780262580625
Publisher: MIT PRESS LTD
Pub. date: 30 January, 1985
Pages: 138
Description: On the basis of theoretical considerations and on the evidence of real-world economies, Frank Hahn demonstrates in unequivocal terms that Monetarism offers an implausible solution to the most pervasive economic problems.
Synopsis: On the basis of theoretical considerations and on the evidence of real-world economies, Frank Hahn demonstrates in unequivocal terms that Monetarism offers an implausible solution to the most pervasive economic problems. He confronts the central issue of current economic theory by making the case that the growth of the money supply is not a necessary cause of inflation, as the Monetarists have assumed. And he contends that inflation is in any case not the overwhelming satanic force disrupting society and the economy that the strict Monetarists think it to be on theoretical grounds and so many others feel it to be in terms of practical economic realities. It is the tax systems, he points out, that are the real influence at work against the economies of the industrialized nations.Frank Hahn, one of Britain's most eminent economists, is Professor of Economics at Cambridge University and author of Equilibrium and Macroeconomics (MIT Press 1985).
Publication: US
Imprint: MIT Press
Returns: Non-returnable
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