What you should know about inflation /

By:

Hazlitt, Henry

Contributor(s):

United States

Material type: Text

TextPublication details: Princeton, N.J.: Van Nostrand, c1960.Description: 152 pSubject(s):

Inflation (Finance)

DDC classification:

332.4'1 HAZ

LOC classification:

HG229 .H35

Summary: The book consists of 44 very brief chapters totaling 152 pages; the book constantly emphasizes the virtues of the free enterprise system. In brief, it highlights what the reader should know about inflation includes: (1) Inflation penalizes thrift, encourages gambling, and in many other ways undermines the free enterprise system. (2) Increases in the supply of money are essentially the only cause of inflation. (3) Increases in the money supply occur solely as a result of government action. (4) Willingness to restore the gold (coin) standard is probably a necessary and sufficient condition for halting inflation- a long section of the book examines this topic and how to achieve the return without deflation. (5) There is not or should not be any real conflict between price stability and other objectives.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Monograph & others	CBN HQ Library General Stacks	Non-fiction	332.4'1 HAZ (Browse shelf(Opens below))	Available		31008100150826

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Previous	332.4'1 FUJ A neo-keynesian theory of inflation and economic growth /	332.4'1 HAG Inflation :	332.4'1 HAR The incidence of inflation :	332.4'1 HAZ What you should know about inflation /	332.4'1 INC Incomes policy and inflation /	332.4'1 IND Indexing and inflation /	332.4'1 IND Indexing for inflation /	Next

The book consists of 44 very brief chapters totaling 152 pages; the book constantly emphasizes the virtues of the free enterprise system. In brief, it highlights what the reader should know about inflation includes: (1) Inflation penalizes thrift, encourages gambling, and in many other ways undermines the free enterprise system. (2) Increases in the supply of money are essentially the only cause of inflation. (3) Increases in the money supply occur solely as a result of government action. (4) Willingness to restore the gold (coin) standard is probably a necessary and sufficient condition for halting inflation- a long section of the book examines this topic and how to achieve the return without deflation. (5) There is not or should not be any real conflict between price stability and other objectives.

usc 14/05/2018

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