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Less Than Zero: The Case for a Falling Price Level
Less Than Zero: The Case for a Falling Price Level
Less Than Zero: The Case for a Falling Price Level

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

Product ID : 36980699


Galleon Product ID 36980699
Shipping Weight 0.41 lbs
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Manufacturer Cato Institute
Shipping Dimension 6.97 x 4.96 x 0.51 inches
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About Less Than Zero: The Case For A Falling Price Level

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.