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OverviewThis 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. Full Product DetailsAuthor: Philipp BagusPublisher: Springer International Publishing AG Imprint: Springer International Publishing AG Edition: 2015 ed. Volume: 41 Dimensions: Width: 15.50cm , Height: 1.40cm , Length: 23.50cm Weight: 4.794kg ISBN: 9783319134277ISBN 10: 3319134272 Pages: 215 Publication Date: 15 January 2015 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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