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Less Than Zero: The Case for a Falling Price Level in a Growing Economy (IEA Hobart Paper) - Softcover
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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- PublisherInstitute of Economic Affairs
- Publication date1997
- ISBN 10 0255364024
- ISBN 13 9780255364027
- BindingPaperback
- Number of pages82
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Less than Zero
Published by
Institute for Economic Affairs
(1997)
ISBN 10: 0255364024
ISBN 13: 9780255364027
New
Softbound
Quantity: 1
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Rating
Book Description Softbound. Condition: New. Seller Inventory # 30137
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