000 02549nam a22004815i 4500
001 vtls000558479
003 RU-ToGU
005 20210922085640.0
007 cr nn 008mamaa
008 170212s2015 gw | s |||| 0|eng d
020 _a9783319134284
_9978-3-319-13428-4
024 7 _a10.1007/978-3-319-13428-4
_2doi
035 _ato000558479
040 _aSpringer
_cSpringer
_dRU-ToGU
050 4 _aHB172.5
072 7 _aKCB
_2bicssc
072 7 _aKCBM
_2bicssc
072 7 _aBUS039000
_2bisacsh
072 7 _aBUS045000
_2bisacsh
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.
300 _aXVII, 215 p. 14 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
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
773 0 _tSpringer eBooks
830 0 _aFinancial and Monetary Policy Studies,
_9448064
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-319-13428-4
912 _aZDB-2-SBE
999 _c413304