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In defense of deflation için kapak resmi
Başlık:
In defense of deflation
Yazar:
Bagus, Philipp, author
ISBN:
9783319134277

9783319134284
Yazar Ek Girişi:
Fiziksel Tanımlama:
(xvii, 215 pages) : illustrations ; 21 cm.
Seri:
Financial and Monetary Policy Studies, volume 41

Financial and monetary policy studies ; volume 41
İçerik:
Introduction -- Economic Theories of Deflation -- Causes of Deflation -- Consequences and Myths Concerning Deflation -- Two Historical Examples of Deflation -- Conclusion
Özet:
This book analyses the causes and consequences of deflation. In contrast to the widespread believe 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
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Kitap EKOBKN0005230 332.41 BAG 2015
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