In Defense of Deflation PDF
By:Philipp Bagus
Published on 2014-12-26 by Springer
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.
This Book was ranked at 34 by Google Books for keyword History United States best seller.
Book ID of In Defense of Deflation's Books is 8Pv9BQAAQBAJ, Book which was written byPhilipp Bagushave ETAG "x4Hv3SehY8E"
Book which was published by Springer since 2014-12-26 have ISBNs, ISBN 13 Code is 9783319134284 and ISBN 10 Code is 3319134280
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Book which have "215 Pages" is Printed at BOOK under CategoryBusiness and Economics
Book was written in en
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