In Defense of Deflation

• Main Author: Bagus, Philipp (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Series: Financial and Monetary Policy Studies, 41
• Subjects: Macroeconomics.; Economic policy.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Economic Policy.

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...

Table of Contents:

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