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.
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Less Than Zero: The Case for a Falling Price Level in a Growing Economy (HOBART PAPERS)
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Less Than Zero : The Case for a Falling Price Level in a Growing Economy
Published by
Institute of Economic Affairs, 1997
ISBN 10: 0255364024
ISBN 13: 9780255364027
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Less than Zero
Published by
Institute for Economic Affairs, 1997
ISBN 10: 0255364024
ISBN 13: 9780255364027
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Less Than Zero: The Case for a Falling Price Level in a Growing Economy (IEA Hobart Paper)
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Institute of Economic Affairs, 1997
ISBN 10: 0255364024
ISBN 13: 9780255364027
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Less Than Zero : The Case for a Falling Price Level in a Growing Economy
Published by
Institute of Economic Affairs, 1997
ISBN 10: 0255364024
ISBN 13: 9780255364027
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Softcover
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Less Than Zero: The Case for a Falling Price Level in a Growing Economy (Hobart Paper, No. 132)
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The Institute of Economic Affairs, London, UK, 1997
ISBN 10: 0255364024
ISBN 13: 9780255364027
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Less Than Zero: Case for a Falling Price in a Growing Economy (Hobart Papers): No. 132
Published by
Institute of Economic Affairs, 1997
ISBN 10: 0255364024
ISBN 13: 9780255364027
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Less Than Zero: The Case for a Falling Price Level in a Growing Economy (IEA Hobart Paper)
Published by
Institute of Economic Affairs, 1997
ISBN 10: 0255364024
ISBN 13: 9780255364027
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Softcover
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