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 Nature of Computation and Communication by Philipp Bagus
Cover of the book Business Intelligence by Philipp Bagus
Cover of the book The Short-Run Approach to Long-Run Equilibrium in Competitive Markets by Philipp Bagus
Cover of the book Medicinal Orchids of Asia by Philipp Bagus
Cover of the book Yeast Membrane Transport by Philipp Bagus
Cover of the book Structurally Unstable Quadratic Vector Fields of Codimension One by Philipp Bagus
Cover of the book Big Data Integration Theory by Philipp Bagus
Cover of the book Value-ology by Philipp Bagus
Cover of the book Contemporary Consumer Health Informatics by Philipp Bagus
Cover of the book Interactivity, Game Creation, Design, Learning, and Innovation by Philipp Bagus
Cover of the book ICT in Education by Philipp Bagus
Cover of the book Novel Methods in Computational Finance by Philipp Bagus
Cover of the book Fisheries, Quota Management and Quota Transfer by Philipp Bagus
Cover of the book Making Sense of Moral Panics by Philipp Bagus
Cover of the book The Evolution of Agricultural Credit during China’s Republican Era, 1912–1949 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