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008 | 170212s2015 gw | s |||| 0|eng d | ||
020 |
_a9783319134284 _9978-3-319-13428-4 |
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024 | 7 |
_a10.1007/978-3-319-13428-4 _2doi |
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035 | _ato000558479 | ||
040 |
_aSpringer _cSpringer _dRU-ToGU |
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050 | 4 | _aHB172.5 | |
072 | 7 |
_aKCB _2bicssc |
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_aKCBM _2bicssc |
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_aBUS039000 _2bisacsh |
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072 | 7 |
_aBUS045000 _2bisacsh |
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082 | 0 | 4 |
_a339 _223 |
100 | 1 |
_aBagus, Philipp. _eauthor. _9464485 |
|
245 | 1 | 0 |
_aIn Defense of Deflation _helectronic resource _cby Philipp Bagus. |
260 |
_aCham : _bSpringer International Publishing : _bImprint: Springer, _c2015. |
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300 |
_aXVII, 215 p. 14 illus. _bonline resource. |
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336 |
_atext _btxt _2rdacontent |
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337 |
_acomputer _bc _2rdamedia |
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338 |
_aonline resource _bcr _2rdacarrier |
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490 | 1 |
_aFinancial and Monetary Policy Studies, _x0921-8580 ; _v41 |
|
505 | 0 | _aIntroduction -- Economic Theories of Deflation -- Causes of Deflation -- Consequences and Myths Concerning Deflation -- Two Historical Examples of Deflation -- Conclusion. | |
520 | _aThis 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. | ||
650 | 0 |
_aMacroeconomics. _9134212 |
|
650 | 0 |
_aEconomic policy. _976080 |
|
650 | 1 | 4 |
_aEconomics. _9135154 |
650 | 2 | 4 |
_aMacroeconomics/Monetary Economics//Financial Economics. _9461499 |
650 | 2 | 4 |
_aEconomic Policy. _976080 |
710 | 2 |
_aSpringerLink (Online service) _9143950 |
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773 | 0 | _tSpringer eBooks | |
830 | 0 |
_aFinancial and Monetary Policy Studies, _9448064 |
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856 | 4 | 0 | _uhttp://dx.doi.org/10.1007/978-3-319-13428-4 |
912 | _aZDB-2-SBE | ||
999 | _c413304 |