The causes, costs and compensations of inflation
Subtitle: an investigation of three problems in monetary theory
By: William Oliver Coleman
Publisher: Edward Elgar Pub.
Published: 2007
Place of publication: Cheltenham, UK; Northampton, MA
Language: eng
Number of pages: 260
ISBN-13: 9781845424848; 9781848444676
Subjects: Money; Inflation (Finance); Quantity theory of money; Risk
Description: "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."--BOOK JACKET.
Notes: Includes bibliographical references (p. 254-255) and index.
Table of contents: title: A statement of problem; title: The theory of the demand for money; title: A theory of the supply of money; title: The quantity theory of money; title: Inflation without a quantity of money : the Wicksellian approach; title: Technological risk and the social function of real debt; title: Monetary risk and the social function of money debt; title: The quantity theory in a risky world; title: Wicksellianism in a risky world; title: The cost of inflation as moneylessness; title: The cost of inflation as creditlessness; title: A summarization of results.