In Defense of Deflation / / by Philipp Bagus
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| Autore: |
Bagus Philipp
|
| Titolo: |
In Defense of Deflation / / by Philipp Bagus
|
| Pubblicazione: | Cham : , : Springer International Publishing : , : Imprint : Springer, , 2015 |
| Edizione: | 1st ed. 2015. |
| Descrizione fisica: | 1 online resource (228 p.) |
| Disciplina: | 330 |
| 332 | |
| 338.9 | |
| 339 | |
| Soggetto topico: | Macroeconomics |
| Economic policy | |
| Macroeconomics/Monetary Economics//Financial Economics | |
| Economic Policy | |
| Note generali: | Description based upon print version of record. |
| Nota di bibliografia: | Includes bibliographical references and indexes. |
| Nota di contenuto: | Introduction -- Economic Theories of Deflation -- Causes of Deflation -- Consequences and Myths Concerning Deflation -- Two Historical Examples of Deflation -- Conclusion. |
| Sommario/riassunto: | 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. |
| Titolo autorizzato: | In Defense of Deflation |
| ISBN: | 3-319-13428-0 |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910298493603321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
Financial and Monetary Policy Studies, . 0921-8580 ; ; 41