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Item Details
| Title:
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IN DEFENSE OF DEFLATION
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| By: |
Philipp Bagus |
| Format: |
Hardback |
| List price:
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£89.99 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
3319134272 |
| ISBN 13: |
9783319134277 |
| Publisher: |
SPRINGER INTERNATIONAL PUBLISHING AG |
| Pub. date: |
27 December, 2014 |
| Edition: |
2015 ed. |
| Series: |
Financial and Monetary Policy Studies 41 |
| Pages: |
215 |
| Description: |
In Defense of Deflation |
| Synopsis: |
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. |
| Illustrations: |
14 Illustrations, black and white; XVII, 215 p. 14 illus. |
| Publication: |
Switzerland |
| Imprint: |
Springer International Publishing AG |
| Returns: |
Returnable |
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