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Less Than Zero: The Case for a Falling Price Level in a Growing Economy
Paperback
Publisher Price: $14.95
ISBN13: 9781948647106
Publisher: Cato Inst
Published: Sep 18 2018
Pages: 188
Weight: 0.40
Height: 0.43 Width: 5.00 Depth: 7.00
Language: English
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.
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