In defense of deflation[electronic r...
Bagus, Philipp.

 

  • In defense of deflation[electronic resource] /
  • 紀錄類型: 書目-語言資料,印刷品 : Monograph/item
    杜威分類號: 332.41
    書名/作者: In defense of deflation/ by Philipp Bagus.
    作者: Bagus, Philipp.
    出版者: Cham : : Springer International Publishing :, 2015.
    面頁冊數: xvii, 215 p. : : ill., digital ;; 24 cm.
    Contained By: Springer eBooks
    標題: Deflation (Finance)
    標題: Economics/Management Science.
    標題: Macroeconomics/Monetary Economics.
    標題: Financial Economics.
    標題: Economic Policy.
    ISBN: 9783319134284 (electronic bk.)
    ISBN: 9783319134277 (paper)
    內容註: Introduction -- Economic Theories of Deflation -- Causes of Deflation -- Consequences and Myths Concerning Deflation -- Two Historical Examples of Deflation -- Conclusion.
    摘要、提要註: 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.
    電子資源: http://dx.doi.org/10.1007/978-3-319-13428-4
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