Zero Inflation

Zero Inflation

Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy

Publisher:

Published: 1990

Total Pages: 56

ISBN-13:

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Less Than Zero

Less Than Zero

Author: George A. Selgin

Publisher: IEA Hobart Paper

Published: 1997

Total Pages: 90

ISBN-13:

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This book sets out to explain the complexity of why increased production does not that always bring with it lower prices. According to the book, those who look upon monetary expansion as a way to eradicate almost all unemployment fail to appreciate that persistent unemployment is a non-monetary or 'natural' economic condition, which no mount of monetary medicine can cure. Selgin explores the differences between these monetary and natural conditions, and proposes solutions of his own.