Philipp Bagus: In Defense of Deflation

Cover: 9783319134277 | In Defense of Deflation | Philipp Bagus | Buch | xvii | Englisch

Rückseite: 9783319134277 | In Defense of Deflation | Philipp Bagus | Buch | xvii | Englisch

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Sprache: Englisch

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Beschreibung

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.

Zusammenfassung

Analyses and explains the consequences of price deflation

Exposes the myths about deflation and explains the reasons for the deflation phobia

Offers a new interpretation of the US deflation in the second half of the 19th century and the German deflation during the Great Depression

Includes supplementary material: [...]

Inhaltsverzeichnis

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

Details

Erscheinungsjahr:	2015
Fachbereich:	Volkswirtschaft
Genre:	Recht , Sozialwissenschaften , Wirtschaft
Rubrik:	Recht & Wirtschaft
Medium:	Buch
Inhalt:	xvii 215 S. 14 s/w Illustr. 215 p. 14 illus.
ISBN-13:	9783319134277
ISBN-10:	3319134272
Sprache:	Englisch
Herstellernummer:	978-3-319-13427-7
Einband:	Gebunden
Autor:	Bagus, Philipp
Hersteller:	Springer International Publishing Springer International Publishing AG
Verantwortliche Person für die EU:	Springer Verlag GmbH, Tiergartenstr. 17, D-69121 Heidelberg, juergen.hartmann@springer.com
Maße:	241 x 160 x 19 mm
Von/Mit:	Philipp Bagus
Erscheinungsdatum:	15.01.2015
Gewicht:	0,524 kg