An Analysis and History of Inflation (Hardback)
  • An Analysis and History of Inflation (Hardback)
zoom

An Analysis and History of Inflation (Hardback)

(author)
£65.00
Hardback 208 Pages / Published: 10/12/1992
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
This history and analysis examines fifteen great inflations--from Ancient Rome to the French Revolution to post-World War I Germany to modern-day Brazil--to provide an understanding of the causes of inflation. A unique feature of the book is the evidence presented that a moderate degree of inflation is usually accompanied by increased economic activity. Contrary to the views of many, moderate inflation appears to be welcomed by most people and assists in returning incumbent political leaders to power. In addition, the money illusion, the belief that money has constant value over time, is shown by the author to be grievously in error. Presenting views which are at odds with much of mainstream economics, Paarlberg concludes that inflation is caused by an excess of money, and since the creation of money is a government monopoly,governments are responsible for inflation. Additionally, various macroeconomic theories are unable to account for gyrations of production and prices. The best explanation for these matters, therefore, is to be found in institutional economics, which takes into regard whatever forces exist rather than focusing on a select few while purporting to hold others constant. This thoughtful work will be of interest to scholars, students, and laypersons in economics and economic history.

Publisher: ABC-CLIO
ISBN: 9780275944162
Number of pages: 208
Weight: 499 g
Dimensions: 230 x 156 x 22 mm


MEDIA REVIEWS
"The 15 case studies are brief and interesting. A selected and useful reading list is included for each case."-Choice
?The 15 case studies are brief and interesting. A selected and useful reading list is included for each case.?-Choice

You may also be interested in...

Misunderstanding Financial Crises
Added to basket
Economics: A Very Short Introduction
Added to basket
Logic Problems for Money Minds
Added to basket
The Euro
Added to basket
£12.99
Paperback
Options on Foreign Exchange
Added to basket
Modern Financial Markets & Institutions
Added to basket
Understanding Phonetics
Added to basket
Symbols of Power
Added to basket
Foreign Exchange: The Complete Deal
Added to basket
Stress Test
Added to basket
£9.99
Paperback
Currency Wars
Added to basket
£14.99
Paperback
Global Financial Systems
Added to basket
The Cash Nexus
Added to basket
£16.99
Paperback
FT Guide to Foreign Exchange Trading
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.