{"product_id":"in-defense-of-deflation-philipp-bagus-9783319134277","title":"In Defense of Deflation","description":"This book analyses the causes and consequences of deflation. In contrast to the widespread belief that deflation would be harmful to the economy as a whole, the author argues that free market deflation is liberating and beneficial. Several myths of deflation are exposed and the reasons for the widespread deflation phobia that serves to justify expansionary monetary policy, i.e., inflation are investigated. Two historical case studies, the growth deflation in the US after the Civil War and the bank credit deflation in Germany during the Great Depression are discussed to illustrate the points made in the theoretical analysis of deflation.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Philipp Bagus\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3319134272\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783319134277\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Springer\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 01\/15\/2015\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 215\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.12lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 0.56d","brand":"Philipp Bagus","offers":[{"title":"Hardcover","offer_id":46617951207679,"sku":"9783319134277","price":119.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_5acd3fa2-0f74-4d62-a588-b0c8d3867319.jpg?v=1740068775","url":"https:\/\/www.whiterainbookhouse.com\/products\/in-defense-of-deflation-philipp-bagus-9783319134277","provider":"WR Book House","version":"1.0","type":"link"}