In Defense of Deflation
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Auteur:
Philipp Bagus
- Engels
- Hardcover
- 9783319134277
- 15 januari 2015
- 280 pagina's
Samenvatting
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.
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.
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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Inhoud
- Taal
- en
- Bindwijze
- Hardcover
- Oorspronkelijke releasedatum
- 15 januari 2015
- Aantal pagina's
- 280
- Illustraties
- Nee
Betrokkenen
- Hoofdauteur
- Philipp Bagus
- Hoofduitgeverij
- Springer International Publishing Ag
Overige kenmerken
- Editie
- 2015 ed.
- Extra groot lettertype
- Nee
- Product breedte
- 155 mm
- Product lengte
- 235 mm
- Studieboek
- Nee
- Verpakking breedte
- 161 mm
- Verpakking hoogte
- 20 mm
- Verpakking lengte
- 244 mm
- Verpakkingsgewicht
- 495 g
EAN
- EAN
- 9783319134277
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