William Oliver Coleman (1 kniha)
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William Oliver Coleman The Causes, Costs and Compensations of Inflation EN
This book explores the causes, costs and benefits of inflation. It argues that while the cause of inflation is essentially monetary, the costs and benefits of inflation lie in inflation's distortion of the economy's responses to real shocks. The book begins by securing the Quantity Theory of Money from certain critiques. The theory is defended from the 'fiscal theory of the price level' by a refinement of the…
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