In Defense of Deflation
(Sprache: Englisch)
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...
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Klappentext zu „In Defense of Deflation “
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.
Inhaltsverzeichnis zu „In Defense of Deflation “
Introduction.- Economic Theories of Deflation.- Causes of Deflation.- Consequences and Myths Concerning Deflation.- Two Historical Examples of Deflation.- Conclusion.
Autoren-Porträt von Philipp Bagus
Philipp Bagus ist Professor für VWL an der Universidad Rey Juan Carlos in Madrid. Er veröffentlicht Beiträge in internationalen Fachzeitschriften wie Journal of Business Ethics, Independent Review und American Journal of Economics and Sociology. Seine Arbeiten wurden mehrfach ausgezeichnet.
Bibliographische Angaben
- Autor: Philipp Bagus
- 2015, 2015, XVII, 215 Seiten, Maße: 16 x 24,1 cm, Gebunden, Englisch
- Verlag: Springer, Berlin
- ISBN-10: 3319134272
- ISBN-13: 9783319134277
- Erscheinungsdatum: 15.01.2015
Sprache:
Englisch
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