Less Than Zero: The Case for a Falling Price Level in a Growing Economy (IEA Hobart Paper)

George Selgin

ISBN 10: 0255364024 / ISBN 13: 9780255364027

Published by Coronet Books Inc, 1997

About this Item

Grade 1 out 5 points. This book is VERY used with a little bit of life remaining. Book has HEAVY wear, creases and tears on cover and pages. Books with this grade may have any of the following: Personalized notes/names, stickers/labels, markings on pages, bends/crease on cover/spine, ex-library markings, minor water damage. May not include extra materials such as dust jackets, access codes, CDs, accessories, etc. All orders ship by next business day! We are a small company and very thankful for your business!

Seller Inventory # mon0000032565

Bibliographic Details

• Title: Less Than Zero: The Case for a Falling Price Level in a Growing Economy (IEA Hobart Paper)
• Publisher: Coronet Books Inc
• Publication Date: 1997
• Language: English
• ISBN 10: 0255364024
• ISBN 13: 9780255364027
• Binding: Paperback
• Condition: Fair

About this title

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.