Binding: Hardcover
Dewey Decimal Number: 332.41
EAN: 9780275944162
ISBN: 0275944166
Label: Praeger Publishers
Manufacturer: Praeger Publishers
Number Of Items: 1
Number Of Pages: 208
Publication Date: December 30, 1992
Publisher: Praeger Publishers
Sales Rank: 674056
Studio: Praeger Publishers

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Editorial Review:

Product Description:
This history and analysis examines fifteen great inflations--from Ancient Rome to the French Revolution to post-World War I Germany to modern-day Brazil--to provide an understanding of the causes of inflation. A unique feature of the book is the evidence presented that a moderate degree of inflation is usually accompanied by increased economic activity. Contrary to the views of many, moderate inflation appears to be welcomed by most people and assists in returning incumbent political leaders to power. In addition, the money illusion, the belief that money has constant value over time, is shown by the author to be grievously in error.




Rating: - How your money is going to be inflated
This is a great book! I been looking for a book that would give me insight on how inflation is started and how it ends, as well as arguments for and against the gold standard, etc. I've read bits and pieces of this book's wisdow in a number of other books and articles, but this pulls it all together. From this book I got true insights on why inflation is basically unavoidable in any country: given time something is going to happen (usually war) or someone is going to come along to convince a population's ... Read More

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Rating: - I have read this book again and again for ten years.
Allow me to pay respect and compliment to Mr. Don Paarlberg here. Mr. Don Paarlberg has an insightful understanding of human nature and their behavior that his examination and explanations of inflation history grab my intention very time I read this book. They make a lot of senses and transform my knowledge of economics into a penetrating understanding of human behavior and reactions to certain events. Mr. Don Paarlberg elevates my perspective toward macro-economics to a higher level, that of a human behavioral ... Read More

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