In Defense of Deflation

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 wide...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Bagus, Philipp (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Cham : Springer International Publishing : Imprint: Springer, 2015.
Σειρά:Financial and Monetary Policy Studies, 41
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
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245 1 0 |a In Defense of Deflation  |h [electronic resource] /  |c by Philipp Bagus. 
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300 |a XVII, 215 p. 14 illus.  |b online resource. 
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490 1 |a Financial and Monetary Policy Studies,  |x 0921-8580 ;  |v 41 
505 0 |a Introduction -- Economic Theories of Deflation -- Causes of Deflation -- Consequences and Myths Concerning Deflation -- Two Historical Examples of Deflation -- Conclusion. 
520 |a 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. 
650 0 |a Macroeconomics. 
650 0 |a Economic policy. 
650 1 4 |a Economics. 
650 2 4 |a Macroeconomics/Monetary Economics//Financial Economics. 
650 2 4 |a Economic Policy. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer eBooks 
776 0 8 |i Printed edition:  |z 9783319134277 
830 0 |a Financial and Monetary Policy Studies,  |x 0921-8580 ;  |v 41 
856 4 0 |u http://dx.doi.org/10.1007/978-3-319-13428-4  |z Full Text via HEAL-Link 
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950 |a Business and Economics (Springer-11643)