Less Than Zero: The Case for a Falling Price Level in a Growing Economy - Couverture souple

Selgin, George

Couverture souple

ISBN 10 : 0255364024 ISBN 13 : 9780255364027

Editeur : Institute of Economic Affairs, 1997

Synopsis

This book sets out to explain the complexity of why increased production does not that always bring with it lower prices. According to the book, those who look upon monetary expansion as a way to eradicate almost all unemployment fail to appreciate that persistent unemployment is a non-monetary or 'natural' economic condition, which no mount of monetary medicine can cure. Selgin explores the differences between these monetary and natural conditions, and proposes solutions of his own.

A propos du livre

Présentation de l'éditeur

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This book sets out to explain the complexity of why increased production does not that always bring with it lower prices. According to the book, those who look upon monetary expansion as a way to eradicate almost all unemployment fail to appreciate that persistent unemployment is a non-monetary or 'natural' economic condition, which no mount of monetary medicine can cure. Selgin explores the differences between these monetary and natural conditions, and proposes solutions of his own.

Détails de l'édition

• Éditeur: Institute of Economic Affairs
• Date d'édition: 1997
• Langue: anglais
• ISBN 10: 0255364024
• ISBN 13: 9780255364027
• Reliure: Broché
• Nombre de pages: 82
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible