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Synopsis
2009 reprint of 1928 edition. In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. This is a fallacy as modern fiat currencies have no inherent value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes. The term was coined by John Maynard Keynes in the early twentieth century, and Irving Fisher 1928 book, The Money Illusion, is one of the most important works on the subject.
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- PublisherMartino Fine Books
- Publication date2009
- ISBN 10 157898761X
- ISBN 13 9781578987610
- BindingPaperback
- Number of pages262
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The Money Illusion
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Softcover. Condition: NEW. 2009 reprint of 1928 edition. In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. This is a fallacy as modern fiat currencies have no inherent value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes. The term was coined by John Maynard Keynes in the early twentieth century, and Irving Fisher 1928 book, The Money Illusion, is one of the most important works on the subject. Seller Inventory # DADAX157898761X
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The Money Illusion
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Condition: USED_GOOD. 100% Customer Satisfaction Guaranteed ! The book shows some signs of wear from use but is a good readable copy. Cover in excellent condition. Binding tight. Pages in great shape, no tears. Not contain access codes, cd, DVD. Seller Inventory # PSG157898761X
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