In Defense of Deflation

Business & Finance, Economics, Macroeconomics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book In Defense of Deflation by Philipp Bagus, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Philipp Bagus ISBN: 9783319134284
Publisher: Springer International Publishing Publication: December 26, 2014
Imprint: Springer Language: English
Author: Philipp Bagus
ISBN: 9783319134284
Publisher: Springer International Publishing
Publication: December 26, 2014
Imprint: Springer
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Springer International Publishing

Cover of the book Regional Research Frontiers - Vol. 1 by Philipp Bagus
Cover of the book Water Pollution and Water Quality Control of Selected Chinese Reservoir Basins by Philipp Bagus
Cover of the book E-Business and Telecommunications by Philipp Bagus
Cover of the book Innovations Lead to Economic Crises by Philipp Bagus
Cover of the book Computer Networks by Philipp Bagus
Cover of the book Contemporary Issues in African Society by Philipp Bagus
Cover of the book An Economic Analysis of Conflicts by Philipp Bagus
Cover of the book Meshfree Methods for Partial Differential Equations IX by Philipp Bagus
Cover of the book Ecology of Central European Forests by Philipp Bagus
Cover of the book Heterogeneous Catalysis and its Industrial Applications by Philipp Bagus
Cover of the book Putnam and Beyond by Philipp Bagus
Cover of the book Social Robotics by Philipp Bagus
Cover of the book Contemporary Issues in International Business by Philipp Bagus
Cover of the book Security Protocols XXIV by Philipp Bagus
Cover of the book Spectroscopic Analysis of Optoelectronic Semiconductors by Philipp Bagus
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy