Some Thoughts on Price Deflation

Price deflation has long been a bugaboo of economics; cordially hated, reviled and feared by practically everyone. There is some justice in these sentiments when the price deflation comes about as a result of government action. However, there is no warrant for them when they stem from the freely made economic decisions of the masses of economic actors. Then, price deflation is not only not problematic, it is a positive virtue

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Year of publication:	2011
Authors:	Block, Walter E.
Other Persons:	Barnett, William (contributor)
Publisher:	[2011]: [S.l.] : SSRN
Subject:	Deflation \| Inflation \| Geldpolitik \| Monetary policy

Extent:	1 Online-Ressource (12 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: New Perspectives on Political Economy, Vol. 2, No. 1, pp. 1-12, 2006 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 6, 2011 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

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