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Less Than Zero: The Case for a Falling Price Level in a Growing Economy (Paperback)

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Description


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.

Product Details
ISBN: 9781948647106
ISBN-10: 1948647109
Publisher: Cato Institute
Publication Date: September 18th, 2018
Pages: 188
Language: English