Less Than Zero: The Case for a Falling Price Level in a Growing Economy


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Description

In this new edition of his highly praised 1997 book, George Selgin argues that monetary policy should not have the goal of price stability, but should aim to allow prices to move in-line with movements in productivity (the so-called "productivity norm"). Radical and contrarian, this hugely original book remains a mini-classic.



Author: George Selgin
Publisher: Cato Institute
Published: 09/18/2018
Pages: 188
Binding Type: Paperback
Weight: 0.40lbs
Size: 7.00h x 5.00w x 0.43d
ISBN13: 9781948647106
ISBN10: 1948647109
BISAC Categories:
- Business & Economics | Money & Monetary Policy
- Business & Economics | Inflation

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