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In defense of deflation

Bagus, Philipp.

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In defense of deflation

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	In defense of deflation/ by Philipp Bagus.
作者:	Bagus, Philipp.
出版者:	Cham :Springer International Publishing : : 2015.,
面頁冊數:	xvii, 215 p. :ill., digital ;24 cm.
內容註:	Introduction -- Economic Theories of Deflation -- Causes of Deflation -- Consequences and Myths Concerning Deflation -- Two Historical Examples of Deflation -- Conclusion.
Contained By:	Springer eBooks
標題:	Deflation (Finance) -
電子資源:	http://dx.doi.org/10.1007/978-3-319-13428-4
ISBN:	9783319134284 (electronic bk.)

In defense of deflation
Bagus, Philipp.

In defense of deflation[electronic resource] /by Philipp Bagus. - Cham :Springer International Publishing :2015. - xvii, 215 p. :ill., digital ;24 cm. - Financial and monetary policy studies,v.410921-8580 ;. - Financial and monetary policy studies ;v.37..

Introduction -- Economic Theories of Deflation -- Causes of Deflation -- Consequences and Myths Concerning Deflation -- Two Historical Examples of Deflation -- Conclusion.

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.

ISBN: 9783319134284 (electronic bk.)

Standard No.: 10.1007/978-3-319-13428-4doiSubjects--Topical Terms:

649961
Deflation (Finance)

LC Class. No.: HG229

Dewey Class. No.: 332.41

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